Options Playbook Radio 105: AMZN Iron Condor

With it being earnings season, let's take a look at a strategy around AMZN earnings. You can always find information on iron condors on OptionsPlaybook.com. Today Brian discusses: A review of the GOOG skip-strike butterfly from last week Taking a look at AMZN going into earnings Where is the long straddle of the nearest-term expiration? Why a skip-strike butterfly didn't work in this case. Why was this the case? How to make the most of the high implied volatility? How to get way out-of-the-money? Setting up the iron condor What is the maximum risk? Gain?