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Archive for the ‘Vertical Spread’ Category

Mixing It Up…


If you’re new to our site, make sure to watch our FREE TRADING OPTIONS FOR INCOME VIDEO by Clicking Here. Thanks for visiting! The Option Income ‘Cash Grab’ A great iron condor adjustment technique that works with good success is to ‘mix up’ weekly options with the standard monthly options when running our regular ‘bread [...]

Double Dipping From The Option Premium Pool


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 way that we’ve never been allow to before. Whenever we place these iron condor spread trades or credit spread trades, we immediately set up [...]

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 [...]

Iron Condor – New Video on the Basics


New video covers the pros and cons of the iron condor as it is becoming a popular option trading strategy. While this strategy can produce impressive, passive results, it’s important not to forget that along with this trade come some potential pitfalls that every trader should get to know and understand. Even though the iron [...]

Iron Condor – Gaining Edge Through Vega


The iron condor trade can be an extremely basic and simple trade to put on. In fact, it is possible to profitably play this trade just by following a super easy ‘stupid simple’ set of rules month after month after month. However, for those of you who might grow bored of such a super simple [...]

July ’10 Iron Condor Open


July RUT Iron Condor  With ‘Whipsaw Curbs’ We launched our July trade this last week and so far so good. We’ve put some curbs in place for any big moves that might occur short term and even though we’ve flattened this trade out considerably our theta is still really rich and expect to hit our [...]

Iron Condor – Adjustment – Power of a Cheap OTM Put


Iron Condor Course – Learn How To Adjust CLICK HERE One of the fastest and easiest ways to hedge / adjust the type of option income trades we do (like iron condors, butterflies) is to simply purchase a cheap extra long call or put in the direction that the market is heading. While some traders [...]