ISRG Earnings (high risk)

#Earnings #JadeLizards – Legging into the Lizard on the bounce…

Sold ISRG JUL 19 2019 530.0/540.0 Bear Call Spread @ 3.55

Position is now Friday’s 505.0/530.0/540.0 Jade Lizard @ 10.25

No upside risk and downside breakeven is 10 dollars below the 50ma and 5 dollars outside the expected move…but…could go anywhere. Earnings after the close tomorrow.