Atlassian (TEAM) broke out above the 50-day moving average as it put in a 2.37% daily gain. Today, we are looking at an unbalanced iron condor, 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 the October 18 expiry, we could sell two put spreads with the $150-$145 strike prices. That spread could be sold for around $0.70. Selling two contracts would generate $140. Then the bear call spread, which could be placed …