Scott Bauer Gives Iron Condor Example Trade in Peloton Ahead of Earnings

Scott Bauer goes over his example trade in Peloton ahead of its earnings release. He highlights its $14 expected move, and sees a potential for it to break out on trader euphoria. His example trade is an iron condor, selling the Feb. 5 142/137 put spread and also selling the Feb. 5 165/170 call spread.

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Scott Bauer Gives Iron Condor Example Trade in Peloton Ahead of Earnings

Scott Bauer goes over his example trade in Peloton ahead of its earnings release. He highlights its $14 expected move, and sees a potential for it to break out on trader euphoria. His example trade is an iron condor, selling the Feb. 5 142/137 put spread and also selling the Feb. 5 165/170 call spread.