🎯 $Unity Software Inc.(U) Options Strategy: Short Iron Condor

DailyOptions999
07-10 14:18

$Unity Software Inc.(U)$

- Underlying: U

- View: Neutral / Range-Bound Consolidation. Expecting the stock to trade between $29.5 (support) and $31.5 (resistance) in the near term.

- Strategy Type: Credit Spread / Volatility Selling

- Option Contract Portfolio:

- Sell 1x U Aug 21, 2026 $29.5 Put @ ~$0.70 (Mid)

- Buy 1x U Aug 21, 2026 $28.0 Put @ ~$0.32 (Mid)

- Sell 1x U Aug 21, 2026 $31.5 Call @ ~$0.83 (Mid)

- Buy 1x U Aug 21, 2026 $33.0 Call @ ~$0.44 (Mid)

- Max Gain & Loss: Max Gain = Net Credit Received (~$0.77). Max Loss = Width of Spreads ($1.50) - Net Credit = ~$0.73 per share.

- Initial Cost/Credit: Initial Net Credit of ~$0.77 per share.

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