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*** MORE IRON CONDOR / BUTTERFLY TRADES COOKING ***
After closing out last weeks Iron Condor Butterfly trades, we put
on some new ones this week that are opening up nicely…
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If youre interested in learning more about how we
trade these things be sure to join the list for
our new upcoming butterfly trading newsletter
CRASH PROTECTION For IRON CONDOR TRADES
Oct 08 was the closest thing many newer Iron Condor traders have experienced first hand to a crash - and below shows a ‘Crash Protected’ Iron Condor and how it performed during that crash.
This trade is a version of the Iron Condor which is used during periods of high volatility - for reasons you are about to see.
Had this Iron Condor trade been put on in the traditional manner - it most likely would have gotten creamed as the crash occurred. Instead - using this particular version of the Iron Condor - it actually wound up doing really well.
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