AMZN High Octane 1 Day Iron Butterfly with AMZN near $ 1815.

B 1 Jul 20 1815 C, S 1 Jul 20 1805 C, S 1 Jul 20 1805 P, B1 Jul 20 1805 P, 8.15 Credit. Risk $185. Looking to take this trade off for a profit in the first 1-2 hours of trading tomorrow as long as AMZN is somewhere between 1785 and 1840. Will keep you posted with what I do in the AM tomorrow.

TSLA 1 Week Iron Condor with stock near $320

Jul 27 Expiration. 335-340 call spread and 305-310 Put spread. 2.29 Credit and I didn’t get filled . If I try this again tomorrow, will let you know.

SPX 15 Day Butterfly

Aug 3 Expiration. B 1 2780 C, S 2 2810 C, B 1 2835 C, 9.70 Debit. Not filled yet, if I get on tomorrow will let you know.

You can watch a replay of this SheridanTV Episode here: https://www.youtube.com/watch?v=tCoC0oa-nn8

*** TRADE UPDATE AS OF 9:50am 7/20/2018***

Yesterday we did an 1 Day Iron Butterfly with the short strike of 1815 for an 8.10 Credit. Today, with AMZN  at 1831  +18, the spread is trading at 8.40-8.70 area and I took it off for 8.40, a small loss.

 

Thanks,

Dan



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