04/04 OIH 36-Day Condor

OIH was behaving wonderfully well last week, then it took a triple-spresso shot and went nuts Thursday and Friday.. Well, let me put it this way, I took OIH instead of RUT for th 36-day condor, this trade is still on the board, if I had taken the RUT path it would be gone a while back. The pre-trade study paid off in this case.

Let's talk probabilities: with 10 trading sessions to go, there is 87% historical and 78% implied probability we'll expire under the CALL-side B/E. That`s great considering this trade started out with about 68% chance.

As far as the stop, there is 95% chance of it staying fine Monday.

Bellow are the historical probability, dashboard and risk profile charts: