Before earnings I’m considering opening this iron condor:

    Sell 140C Buy 150C
    Sell 120P Buy 110P
    All 8/30 expiration.

    My hope is to profit from the post earnings vol crush.

    When in the day would it likely best to open it?

    Shorting NVDA option vol
    byu/Elonbull420 inoptions



    Posted by Elonbull420

    2 Comments

    1. Connect_Boss6316 on

      In the last hour of the trading day, so you can centre the IC correctly.

      Not recommending you do the IC, but just saying that if you WERE to open an IC, it should be pretty close to the closing time at the end of the day.

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