This is one side of a iron butterfly I sold a day before DELLs earnings, to capitalize on the earnings vol crush.
I bought very cheap 5 delta OTM hedges, 1 put and 2 calls, just in case to protect against outlier moves.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Debit Close | 5.00 1 | -- Closed |
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