$LITE Options Short Iron Condor: Credit $810, Max Profit $810 on Apr 8, 2026

DailyOptions999

$Lumentum(LITE)$ Iron Condor Strategy: cost $1,190, max earn $810 in 9 days — sell elevated IV, delta‑neutral range view

📊 Ticker: $LITE

Strategy: Short Iron Condor

Contracts:

Sell to Open: LITE Apr 17 $820 Call
Buy to Open: LITE Apr 17 $840 Call
Sell to Open: LITE Apr 17 $800 Put
Buy to Open: LITE Apr 17 $780 Put

Cost: $810

Max Gain: $810 (100% of premium if stock stays between $800-$820)
Max Loss: $1,190 (if stock moves outside the wings)

Profit Zone: $800 - $820

Thesis: Neutral to range-bound view on Lumentum into April expiration. Optical components sector showing consolidation after recent volatility. Selling premium on both sides while defining risk outside the expected move—betting the stock stays contained between $780 and $840 through expiration. Max pain is a breakout in either direction beyond the wings.

⚠️ Disclaimer: This is not financial advice. Options trading involves significant risk and may result in loss of capital. Past performance does not guarantee future results. Always do your own research and consult a qualified financial advisor before making investment decisions.

💰Stocks to watch today?(15 Apr）

1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

AgathaHume
04-08
AgathaHume
Solid play on LITE! Premium capture looks smart. [得意]
FabianGracie
04-08
FabianGracie
Neat range-bound play, mate! Hope it stays put for max gain. [得意]

Leave a comment

2

151

7

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":551369050739688,"tweetId":"551369050739688","gmtCreate":1775648523386,"gmtModify":1775802258189,"author":{"id":4238741751590422,"idStr":"4238741751590422","authorId":4238741751590422,"authorIdStr":"4238741751590422","name":"DailyOptions999","avatar":"https://community-static.tradeup.com/news/default-avatar2.jpg","vip":2,"userType":2,"introduction":"Name your ticker, I offer your Options Strategy","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":16,"starInvestorFlag":false},"themes":[{"themeId":"470d3ab575ca43caaed8156645b7ccbe","categoryId":"ab3d937a5fd848c08008411a9be702b5","name":"💰Stocks to watch today?(15 Apr）","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":470d3ab575ca43caaed8156645b7ccbe}&rnconfig={\"headerBarHidden\": true}","description":"1. What news/movements are worth noting in the market today? Any stocks to watch? \n2. What trading opportunities are there? Do you have any plans?\n🎁 Make a post here, everyone stands a chance to win Tiger coins!","image":"https://static.tigerbbs.com/cd8eaff2e99964ab7a80d92cc196fcd3"}],"images":[{"img":"https://community-static.tradeup.com/news/ee652dc7e93fc5f946f83ea19cafd93a","width":"1376","height":"768"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/ee652dc7e93fc5f946f83ea19cafd93a"}],"title":"$LITE Options Short Iron Condor: Credit $810, Max Profit $810 on Apr 8, 2026","html":"<html><head></head><body><p><a data-mention-id=\"LITE\" class=\"teditor-mention\" data-mention-name=\"Lumentum\" href=\"https://ttm.financial/S/LITE\">$Lumentum(LITE)$</a> Iron Condor Strategy: cost $1,190, max earn $810 in 9 days — sell elevated IV, delta‑neutral range view</p>\n<p>📊 Ticker: $LITE</p>\n<h3 id=\"id_4020112379\">Strategy: Short Iron Condor</h3>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ee652dc7e93fc5f946f83ea19cafd93a\" tg-width=\"1376\" tg-height=\"768\"></p>\n<h3 id=\"id_1911413514\">Contracts:</h3>\n<ul style=\"\">\n <li>\n  <p>Sell to Open: LITE Apr 17 $820 Call</p></li>\n <li>\n  <p>Buy to Open: LITE Apr 17 $840 Call</p></li>\n <li>\n  <p>Sell to Open: LITE Apr 17 $800 Put</p></li>\n <li>\n  <p>Buy to Open: LITE Apr 17 $780 Put</p></li>\n</ul>\n<h3 id=\"id_572838741\">Cost: $810</h3>\n<ul style=\"\">\n <li>\n  <p>Max Gain: $810 (100% of premium if stock stays between $800-$820)</p></li>\n <li>\n  <p>Max Loss: $1,190 (if stock moves outside the wings)</p></li>\n</ul>\n<h3 id=\"id_3257610441\">Profit Zone: $800 - $820</h3>\n<p>Thesis: Neutral to range-bound view on Lumentum into April expiration. Optical components sector showing consolidation after recent volatility. Selling premium on both sides while defining risk outside the expected move—betting the stock stays contained between $780 and $840 through expiration. Max pain is a breakout in either direction beyond the wings.</p>\n<p>⚠️ Disclaimer: This is not financial advice. Options trading involves significant risk and may result in loss of capital. Past performance does not guarantee future results. Always do your own research and consult a qualified financial advisor before making investment decisions.</p></body></html>","htmlText":"<html><head></head><body><p><a data-mention-id=\"LITE\" class=\"teditor-mention\" data-mention-name=\"Lumentum\" href=\"https://ttm.financial/S/LITE\">$Lumentum(LITE)$</a> Iron Condor Strategy: cost $1,190, max earn $810 in 9 days — sell elevated IV, delta‑neutral range view</p>\n<p>📊 Ticker: $LITE</p>\n<h3 id=\"id_4020112379\">Strategy: Short Iron Condor</h3>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ee652dc7e93fc5f946f83ea19cafd93a\" tg-width=\"1376\" tg-height=\"768\"></p>\n<h3 id=\"id_1911413514\">Contracts:</h3>\n<ul style=\"\">\n <li>\n  <p>Sell to Open: LITE Apr 17 $820 Call</p></li>\n <li>\n  <p>Buy to Open: LITE Apr 17 $840 Call</p></li>\n <li>\n  <p>Sell to Open: LITE Apr 17 $800 Put</p></li>\n <li>\n  <p>Buy to Open: LITE Apr 17 $780 Put</p></li>\n</ul>\n<h3 id=\"id_572838741\">Cost: $810</h3>\n<ul style=\"\">\n <li>\n  <p>Max Gain: $810 (100% of premium if stock stays between $800-$820)</p></li>\n <li>\n  <p>Max Loss: $1,190 (if stock moves outside the wings)</p></li>\n</ul>\n<h3 id=\"id_3257610441\">Profit Zone: $800 - $820</h3>\n<p>Thesis: Neutral to range-bound view on Lumentum into April expiration. Optical components sector showing consolidation after recent volatility. Selling premium on both sides while defining risk outside the expected move—betting the stock stays contained between $780 and $840 through expiration. Max pain is a breakout in either direction beyond the wings.</p>\n<p>⚠️ Disclaimer: This is not financial advice. Options trading involves significant risk and may result in loss of capital. Past performance does not guarantee future results. Always do your own research and consult a qualified financial advisor before making investment decisions.</p></body></html>","text":"$Lumentum(LITE)$ Iron Condor Strategy: cost $1,190, max earn $810 in 9 days — sell elevated IV, delta‑neutral range view 📊 Ticker: $LITE Strategy: Short Iron Condor Contracts: Sell to Open: LITE Apr 17 $820 Call Buy to Open: LITE Apr 17 $840 Call Sell to Open: LITE Apr 17 $800 Put Buy to Open: LITE Apr 17 $780 Put Cost: $810 Max Gain: $810 (100% of premium if stock stays between $800-$820) Max Loss: $1,190 (if stock moves outside the wings) Profit Zone: $800 - $820 Thesis: Neutral to range-bound view on Lumentum into April expiration. Optical components sector showing consolidation after recent volatility. Selling premium on both sides while defining risk outside the expected move—betting the stock stays contained between $780 and $840 through expiration. Max pain is a breakout in either direction beyond the wings. ⚠️ Disclaimer: This is not financial advice. Options trading involves significant risk and may result in loss of capital. Past performance does not guarantee future results. Always do your own research and consult a qualified financial advisor before making investment decisions.","highlighted":1,"essential":1,"paper":2,"likeSize":151,"commentSize":2,"repostSize":7,"favoriteSize":0,"link":"https://ttm.financial/post/551369050739688","repostId":0,"isVote":1,"tweetType":1,"viewCount":1290,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["LITE"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":true,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":930,"optionInvolvedFlag":true,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":551435920459312,"commentId":"551435920459312","gmtCreate":1775648995281,"gmtModify":1775696299232,"authorId":9000000000000724,"author":{"id":9000000000000724,"idStr":"9000000000000724","authorId":9000000000000724,"name":"AgathaHume","avatar":"https://static.tigerbbs.com/58026ab8f0edf0d829859314a737d6a4","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":551369050739688,"objectIdStr":"551369050739688","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Solid play on LITE! Premium capture looks smart. [得意]","text":"Solid play on LITE! Premium capture looks smart. [得意]","html":"Solid play on LITE! Premium capture looks smart. [得意]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":551435305747048,"commentId":"551435305747048","gmtCreate":1775648946895,"gmtModify":1775696301869,"authorId":9000000000000590,"author":{"id":9000000000000590,"idStr":"9000000000000590","authorId":9000000000000590,"name":"FabianGracie","avatar":"https://static.tigerbbs.com/2214c44af667ceaccefbb23d0bcacbb8","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":551369050739688,"objectIdStr":"551369050739688","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Neat range-bound play, mate! Hope it stays put for max gain. [得意]","text":"Neat range-bound play, mate! Hope it stays put for max gain. [得意]","html":"Neat range-bound play, mate! Hope it stays put for max gain. [得意]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/551369050739688"}