Iron Condor on AMZN stock – 4.6% potential income return in 14 days
On May 12, 2023, I sold 1 bull put spread and 1 bear call spread (thus forming an iron condor) on Amazon stock with my strike prices set at $100 and $95 for the put spread and $120 and $125 for the call side, with expiry on May 26, 2023). For this trade setup, I was rewarded with $22.80 (after commissions).
When setting up this trade I was looking for a …
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