We have another opportunity to take in some cash before our August puts expire on the short side of our spread. As I mentioned in the video, if you have not yet joined in on this condor spread, it’s not too late. Just follow along with my instructions and then keep track of my adjustments as I make them just prior to expiration Friday. In about a week and a half, we will be taking in another credit on both the call and put spreads, which will make this position even better. Hopefully you will be able to get this trade done before the close. If not, then be sure to place the trade on the opening of the market tomorrow morning.
Video Link Below below.
I’ve also attached a PDF file that outlines the details for this position. Please be sure to review all of the material before entering any trades to your account.
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