Stock / Symbol: Small Cap 3x Bull / TNA
Option Strategy: iron condor
Trade entry date / price: 19 Jul 2019 / $61.47
Price at this post: $57.80
Reasoning: With TNA trading in-between our short call and puts, we're going to be able to let those options expire worthless today. We're going to sell the long 67 strike call we put on for upside protection.
Closing Trade:
STC 1 TNA AugWk2 67 call
for a min credit of $0.25 per contract (GTC order, limit order).
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