AAPL Earnings Play Straddle vs Iron Condor in Depth analysis.

So below is the analysis comparing the Straddle vs the Iron Condor. Study it and read the notes that I placed on each. I do want to point out that I mis-spoke about the margin requirement. I was looking at the ATM straddle and 10 contracts. You will see from the BP effect column that the margin is reasonable.

Straddle:

Iron Condor:

Let me know your thoughts after you review the analysis.