zach6667

Iron Condor for 10/21 Expiration Idea (filled 8/25)

NYSE:PINS   Pinterest, Inc.
$PINS - Short Iron Condor Trade:
Expiration OCT 21st (57 Days)

Long Call: $32.5.
Short Call: $30.
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Short Put: $15.
Long Put: $12.5.

$25 credit (filled 8/25).
$250 Collateral.

Risk:Reward Ratio: $225:$25, or 9:1.

Short strikes will allow the price to go up 30% and down 34% from the current (8/25) share price.

Good luck!
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