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Iron Condors Traders Bank Profits in $AZO
Time Bandit Option Service subscribers banked another profitable trade in Autozone ($AZO). Subscribers were alerted to the potential for AZO to stay under the 647.5 calls and above the 590 puts and were able to collect about $1.90 per Iron Condor option spread that they entered. The stock did test the low area getting down […]
Time Bandit Option Service subscribers banked another profitable trade in Autozone ($AZO).
Subscribers were alerted to the potential for AZO to stay under the 647.5 calls and above the 590 puts and were able to collect about $1.90 per Iron Condor option spread that they entered.
The stock did test the low area getting down to $90.67 but never broke the actual strike.
Each Iron Condor trader could have banked $190 for each option spread entered. ($1.90*100 shares per option contract)
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