#Earnings Selling a condor at its average move and close to a 1:1 risk/reward. Took awhile to get filled. Only selling a 2-lot as I like to limit my max loss to $500-600 on earnings spread trades.
Sold to open $ULTA 212.5/217.5/252.5/257.5 iron condors for 2.20. Biggest UP move: 17.9%, Biggest DOWN move: -6.1%, Average move: 6.9%. This trade is -6.7% and +8.3% OTM.