Iron Condor

If you’re new to our site, make sure to watch our FREE TRADING OPTIONS FOR INCOME VIDEO by Clicking Here. Thanks for visiting! This month in our Options Income 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 [...]

Iron Condor – Part 2 In this post we re-visit an iron condor trade / iron condor adjustments from 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 S&P down grade – with the SPX index losing [...]

  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 Course – Learn How To Adjust >>> CLICK HERE <<< We’ve pretty much tied off our current butterfly position with the 2 adjustments shown in the graph below while the market continues to whip around here with fairly big moves. This current position with adjustments will hold up well regardless what the market [...]

SPY BUTTERFLY – JUNE 09 – CLOSED 6-15-09 6-15-09 This months Spy Butterfly turned out nicely. On closure of main position left some extra OTM long calls on since they were worth less than what it would have cost in commisions to close them – AND – if the market blasted off for some reason [...]

New ‘lens’ on adjusting iron condor. This goes into trading experience on iron condor trading and adjusting iron condors. Includes links to some option trading books and videos. Interesting video on a option trading strategy called the 3 legged box can also be found. The market over the last several weeks have been beautiful for [...]