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Snowflake Stock: Try This Iron Condor Trade With A Bullish Tilt
Investors· 2025-10-14 23:27
Snowflake (SNOW) stands as a popular stock with option traders, is enjoying a nice uptrend and also sits on Investor's Business Daily's Leaderboard. As a result, we're looking at an unbalanced iron condor for Snowflake, with a slightly bullish bias. This can be achieved by trading more put spreads than call spreads. As a reminder, an iron condor is a combination of a bull put spread and a bear call spread. First, we take the bull put spreads. Using a Nov. 21 expiration date, we could sell two put spreads w ...