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Archive for the ‘Butterfly Spread’ Category

Double Dipping From The Option Premium Pool


If you’re new to our site, make sure to watch our FREE TRADING OPTIONS FOR INCOME VIDEO by Clicking Here. Thanks for visiting! Double Dipping Option Spreads In this last months iron condor paper trading lab, we had the good fortune to take a nice big ‘double dip’ from the ‘option premium pool’ in a [...]

Squeezing Out The Risk In An Iron Condor Trade


Last month was a grueling one for a lot of iron condor traders. The market just continued going up and up and up. And when the market continues climbing upwards and upwards, and the volatility continues to leave the options – there is very little premium left in any of the options above the spread [...]

Iron Condor Adjustments – One Of My Favorites…


This last month in our Iron Condor paper trading lab we had the opportunity to use one of our favorite Iron Condor Adjustments. We don’t have a name for this one yet, but we’ve bribed our students to help us come up with one so stay tuned to see what we come up with. At [...]

Iron Condor – Bullet Proof Iron Condor? – Part 2


Iron Condor – Part 2 In this post we re-visit an iron condor trade / iron condor adjustment from one of our options trading lab paper trading case studies during one of the more difficult months for iron condor traders in 2011… August 8, 2011 The stock market continued it’s wild dive today in response to [...]

THE SKY IF FALLING. And Our Iron Condor Is In…PROFIT?


  As we all know the market has taken a major hit over the last 10 days. The RUT, one of our favorite trading vehicles, dropped a total of 136 points during that 10 day time period – or about -16.3%. On average, we iron condor traders know (and PLAN FOR) several of these problem [...]

Iron Condor – Options Trading Mistake #1


  Over the next several posts, we’ll be going over the top 10 Iron Condor / Option Trading mistakes we’ve made ourselves and we’ve seen our students and others make. Experiencing and then learning from these ourselves and/or watching other traders make these classic mistakes has helped us save thousands of dollars in losses and [...]

My Favorite Trade for Volatile Markets


About six months ago we were working on a new trade in our iron condor butterfly spread trading lab that was meant to try and take advantage of the big volatility. Right around that time we read an email (I think it was an email – it might have been an iron condor article) that [...]

Iron Condor and Credit Spread Adjustments


While one can find some good info on how to go about adjusting the iron condor strategy – there is very little – if ANY info – on how to properly adjust plain credit spreads. Adjustments are an important and vital part of successfully trading iron condor, the butterfly spread, diagonals, credit spreads – or [...]

Iron Condor – Using Volatility


We found a good little video this week on using volatility to find bargains on options. Once one has been trading the iron condor strategy for awhile and has gotten the ‘hang’ of it – the next step seem to always be finding tools and tricks to help in gaining an advantage in regards to [...]

Iron Condor or Iron Butterfly?


The latest iron condor option trading ‘training’ video just came out from Option Safari at the CBOE and in this most recent video Dan Sheridan goes over an iron butterfly trade set up in GLD. An iron butterfly trade actually is an iron condor trade if you want to be technical about it. It is [...]