Pinterest, Inc.
تم تحديثه

PINS SHORT IRON CONDOR TRADE IDEA, 7-22-2022

149
PINS - Short Iron Condor Trade Idea:
Expiration AUG 19th (28 Days)

Long Call: $30.
Short Call: $27.
------
Short Put: $16.
Long Put: $13.

$80 credit (as of 7/22).
$300 Collateral.

Risk:Reward Ratio:
$300 : $80, or 3.75 : 1.

Today PINS had their big drop in sympathy with SNAP's sub-par ad revenue reporting from the SNAP earnings call.
PINS' Earnings are on 8/1/22 pre-market. If and when they also declare their lousy ad numbers the stock could tank further and this is a significant risk to this trade.
I sold one contract. And hope not to get creamed on this one. Unfortunately for me, the low risk:reward ration all but guarantees I'm going to eat it! But I'm going to stick with the glass being half-full for the time being. Good luck to me, I will certainly need it!
تم فتح الصفقة
The good news: As of Fri 8/5, I can close this out for around $10 if I so choose.
ملاحظة
OFFICIALLY CLOSED on 8/16 for $0.04.

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.