RUT Iron Condor

Slapping on some premium while we have a little elevated IV.

Trade Setup:
-1 Apr 20 RUT 1300/1305/1415/1420 Iron Condor @ $1.50

DTE: 29
Max Win: $150
Max Loss: $350
Breakevens: $1303.50 & $1416.50

Trade Management: 50% winner; Full loser, although I will roll the untested side down if I go ITM on one of the sides to reduce risk and collect more premium.


Green is profit zone; Vertical black bar is expiration.