This trade alert focuses on a neutral earnings play for Shopify ($SHOP) with an options expiration of May 9, 2025.
💥 $SHOP earnings trade = full profit
We sold a neutral Iron Condor into elevated IV. Despite the beat, SHOP stayed well inside our range.
🎯 Max profit hit, IV crush played out
📦 Strategy: Wide Iron Condor ($75–$115 range)
💰 Outcome: 100% of premium collected
#options #SHOP #earnings #optionselling #trading
💥 $SHOP earnings trade = full profit
We sold a neutral Iron Condor into elevated IV. Despite the beat, SHOP stayed well inside our range.
🎯 Max profit hit, IV crush played out
📦 Strategy: Wide Iron Condor ($75–$115 range)
💰 Outcome: 100% of premium collected
#options #SHOP #earnings #optionselling #trading