Iron Condor
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Have you ever wondered how options traders make money? You’re not the only one. It’s one of the most common questions beginners have when they first explore the world of
If you trade options, you’ve probably experienced this: you nail the direction of a stock, it moves in your favour, and yet your option loses money. That’s IV Crush in
When I first started trading options decades ago, I quickly realized that the market doesn’t always play nice. Prices move, volatility shifts, and sometimes even the best setups get tested.
When I first started trading options more than three decades ago on Wall Street, I quickly learned that not every day in the market is a roller-coaster. Some days, prices
If you’ve been exploring options trading, you’ve likely come across two strategies that seem nearly identical: the iron condor vs the iron butterfly. Both are defined-risk, four-leg option spreads. Both
If you’re trading options and looking for consistent, risk-defined income, the iron condor strategy is one of the most reliable tools in the playbook. It’s designed for one specific market
What Is a Short Iron Condor? The short iron condor is a neutral, income-generating options strategy that profits when the underlying stays within a certain range. It’s a defined-risk, limited-reward
If you’ve been trading iron condors for a while, you already know they shine in range-bound markets. But what if the market is coiling up, ready for a breakout —
An iron condor is a neutral options strategy that combines four positions: two puts (one long, one short) and two calls (one long, one short), all with the same expiration
How the Iron Condor Works An Iron Condor is built from two credit spreads—one on each side of the current price range. Think of it like setting invisible goalposts. As