Visa (V)
I will be exiting our Visa (V) trade today. I will discuss the trade in greater detail in our upcoming weekly issue.
Here is the trade:
Simultaneously:
Buy to close V February 2, 2024, 285 calls
Sell to close V February 2, 2024, 290 calls
Buy to close V February 2, 2024, 257.5 puts
Sell to close V February 2, 2024, 252.5 puts for roughly $0.23 per iron condor.
If you are having issues exiting the trade, you can always exit the tested side of the iron condor first, followed by the untested side. Also, if you choose to hold the trade to seek a greater profit, please be aware of the risks.
As always, if you have any questions, please do not hesitate to email me at andy@cabotwealth.com.