OPENING: /GC OCT 28TH 1445/1455/1645/1655 IRON CONDOR
... for 1.60/$160 credit.
Notes: Going small, defined in lieu of the directional short I had hanging out there earlier ... .
Notes: Going small, defined in lieu of the directional short I had hanging out there earlier ... .
Commentaire:
Expiry also has 36 days left in it (as compared to, for example, /CL's 25), allowing me to get into an asset that isn't closely correlated with the broad market when I'd be otherwise "mid-cycle" (i.e., October expiry too short in duration; November too long).