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12/10/19: Portfolio Analysis - Closing a Winning Iron Condor in NFLX

From Theory To Practice

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

Today, we kick off our portfolio analysis with a winning trade in NFLX. Specifically, our Iron Condor has finally hit 50% of max profit, with very little time left! In managing this winner, we are reminded of the power of exercising some patience with our strategies, especially those that are defined-risk, with the worst-case scenario known and fixed.

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