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Earnings Trader
Collect the Biggest Option Payouts Every Quarter

October 14, 2022

I will be exiting the JPMorgan (JPM) trade today. I will discuss the trade in greater detail in our upcoming subscriber-exclusive webinar, at noon ET today (Friday).

JPMorgan (JPM)

I will be exiting the JPMorgan (JPM) trade today. I will discuss the trade in greater detail in our upcoming subscriber-exclusive webinar, at noon ET today (Friday) Register here.

Here is the trade:

Simultaneously:

Buy to close JPM October 21, 2022, 118 callsSell to close JPM October 21, 2022, 122 callsBuy to close JPM October 21, 2022, 99 putsSell to close JPM October 21, 2022, 95 puts for roughly $0.45 per iron condor (prices will fluctuate, please adjust accordingly if you wish to exit the trade)

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.