... for a 6.02 credit.
Comments: Selling a smidge of nondirectional premium in TSLA with 30-day implied at 69.3%. There's a little bit of skew to contend with here, so going with a double double iron condor, selling 2 spreads on the put side at half the delta and half the width of the call side.
25.1% ROC at max as a function of buying power effect; 12.6% at 50% max.
Comments: Selling a smidge of nondirectional premium in TSLA with 30-day implied at 69.3%. There's a little bit of skew to contend with here, so going with a double double iron condor, selling 2 spreads on the put side at half the delta and half the width of the call side.
25.1% ROC at max as a function of buying power effect; 12.6% at 50% max.
