$MSFT Iron Condor Trade Idea for the Pre-Earnings Noise

MSFT Iron Condor, PRE-EARNINGS

1.5:1 Risk:Reward (i.e.: $150:$100)

+1 BUY $435 Call 1/24
-1 SELL $432.5 Call 1/24

-{CURRENT PRICE $423.61}-

-1 SELL $417.5 Put 1/24
+1 $415 Put 1/24

If the trade goes south this one is totally rollable to a $5 spread IC down the road, especially on the day of expiration.