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Option Traders Profit from Iron Condor in $PCLN
Options Traders took advantage of time decay in Priceline stock last week. We entered the 1775-1915 Iron Condor on 2-15-18 and let it expire worthless on 2-23-18. Our Time Bandit Option Traders were able to realize a profit of $2.00 per Iron Condor option spread. This means they collected $200 per spread. The stock tested […]
Options Traders took advantage of time decay in Priceline stock last week.
We entered the 1775-1915 Iron Condor on 2-15-18 and let it expire worthless on 2-23-18.
Our Time Bandit Option Traders were able to realize a profit of $2.00 per Iron Condor option spread. This means they collected $200 per spread.
The stock tested our upper short strike but settled in nicely to close at $1,907.
Here is the chart showing the price action and range of the Iron Condor in Priceline($PCLN).
