Rolling these iron condors up and out to October. Net credit is $0.20 per lot. Keeping a bullish bias on this trade, which is why the put strikes are so high. The 20- and 50-day moving averages will soon rise to meet that strike and act as support.
Currently a 76% chance of success on the put side, 83% on the call side.
Trade:
STO MA Oct 12 435/430 bull put spreads for ($4.72-$3.62) x 100 x 5 lots = $550 credit
STO MA Oct 12 480/485 bear call spreads for ($2.61-$2.01) x 100 x 5 lots = $300 credit
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