COST – Unbalanced Condor

COST @ $382

BTO 1 x COST Nov 20: $385 /$380 long PUT Vertical @ $ 2.77 debit
STO 2 x COST Nov 20: $375 / $370 short PUT Vertical @ $1.62 credit (x 2)

Total credit of $0.51 for the unbalanced Condor. Downside breakeven is around $372. No risk to the upside. Almost a carbon copy of a recent November trade, but this time for a credit and a wide profit zone.

#UnbalancedCondor