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Original post by Marubozu from My Stocks Investing Journey.
Strategy:
- High IV before the earning.
- Sell Vega by opening Iron Condor (195/200/230/235) one day before the earning release.
- Close Iron Condor position after the earning release and volatility crush.
Trade Summary
- Gross Profit = $100
- Net Profit = $80 ($20 commission)
- ROI (Net) = 23%
- Duration = 1 day
LNKD Chart
LNKD Fundamental
