think or swim software simulation of how an iron condor works from day 1 to expiration...
TRANSCRIPT
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Think or Swim software Simulation of how an Iron Condor
works from day 1 to expiration(approximately 45 days)
April 23, 2012
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The Options Trade
• SPY ETF – 10 POSITION IRON CONDOR 128/130/149/151• Underlying stock price at open of trade - approximately $139/share• Cost of trade - $640• Potential profit if stock stays in between 130 and 140 - $295
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PROFIT/LOSSACTIVE TRADE
POTENTIAL PROFIT AT EXPIRATION
UNDERLYING STOCK PRICE
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• The next slides will transition as a slideshow every 3 seconds. You can click the slides if you want to go faster through the 6 week trade.
• Pay attention to the P/L Open column, center cell, to see the change in profit for the trade.
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