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Hey folks it's Hari Swaminathan again, we're looking at the
linkedin trade for today
linkedin releases earnings after
market hour this evening and if we at
the linkedin chain the
the volatility of the
weekly cds has bumped up to 132
so you know the normal between 39 to 40 maybe 45
so obviously tomorrow of you know almost 90 points of this
volatility is going to come down
so that makes it an attractive trade
instead of going 8 days away we probably want to put it for
tomorrow's weekly itself and i was looking at the option trading the trade is an
iron condor
and we're getting for a $5 spread they're getting 1.68
has credit so thats
1/3 so you know
it's a pretty good risk-reward profile this is what it looks like
so we got strikes at the
the short strikes at least at 115 level and at the
135 level and i want to give a
little bit of more room to the up side because i've been listening to the
reports and linkedin is expected to announce good results so
that is vias towards the up side right here
so on the upside up break even is going to be one thirty seven which is
about 14$ away from where
linkedin currently trade so that's about
10 12% above
so i think it gives us the syndrome and with the disc reward llike this
option trading makes sense
so i'm gonna put this on iron condor
they're getting about 1.68 depending on when you see this
video and if you want to executed
then you know anything above 1.6 i think should be fine
so that's the learn options trading for today iron condor on linkedin, thank you