Options Playbook Radio 105: AMZN Iron Condor

Published: April 28, 2016, 8:32 p.m.

With it being earnings season, let's take a look at a strategy\naround AMZN earnings. You can always find information on iron\ncondors on OptionsPlaybook.com.

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Today Brian discusses:

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  • A review of the GOOG skip-strike butterfly from last week
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  • Taking a look at AMZN going into earnings
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  • Where is the long straddle of the nearest-term expiration?
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  • Why a skip-strike butterfly didn't work in this case.
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  • Why was this the case?
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  • How to make the most of the high implied volatility?
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  • How to get way out-of-the-money?
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  • Setting up the iron condor
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  • What is the maximum risk? Gain?
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