Iron Condor

The condor spread is one of the lesser known and/or used option spread strategies.
While the name is similar to the more popular ‘iron condor’ strategy - the ‘condor spread’ is different - even while the risk graph of the trade looks the same.
The difference between the condor and the iron condor is that the condor [...]

Several different option spread trading strategies which investors can use for creating monthly income include the iron condor, credit spread (or vertical spread) - the butterfly spread - and others.
Option spread trading refers to the act of selling one option and buying one option. In the case of the iron condor strategy - these options [...]

At the core of the iron condor strategy is the vertical spread.
If we were to reverse engineer the iron condor strategy - take it apart - split it in half - and look at what the spread is actually constructed from - we would find that it is simply 2 credit spreads. A vertical spread [...]

Option selling has become more main stream recently as more and more retail traders learn about the various option spread trading strategies which can provide actually quite impressive returns over short periods of time.
Option selling is the act of an investor ’selling’ an option - either call or put - to bring a credit into [...]

 RUT IRON CONDORS - JULY 09
6-26-09
This month we took our iron condors off a little earlier than we normally would allowing us almost 3 full weeks of ‘vacation’ - not having to worry or watch the market in regards to this trade whatsoever. These last few months have been beautiful for these trades.
Also [...]

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 before expiration [...]

In this weeks Iron Condor Option Free Newsletter…
*  PRACTICAL APPLICATION: Options Class*  VIDEO: Long Call Butterfly*  VIDEO: SPY Straddle*  VIDEO: Wall Street Up*  VIDEO: Drifting
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*** PRACTICAL APPLICATION: OPTIONS CLASS ***
Tired of learning a bunch of Options *Theory* but havingNO IDEA how to actually use it to make money?
New ‘Practical Applications’ Options Trading Class allowsyou to [...]

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 iron [...]