Stock Options Strategy – The Pro Iron Condor
A distinct view on how to trade Iron Condors for consistency. If you have ever traded this strategy you faced nice gains, but also huge losses. The strategy pdf presents a different way to trade Iron Condors as well as its rationale to deliver consistent gains and reduce overall risk.
Buy this options strategy if you want to become consistent and …
- … you are struggling to become profitable on financial trading;
- … may have bought a stock options course, but it is theoretical or promised “miracle” results that do not materialize;
- … have basic options knowledge and need a proper trading strategy to apply in the real markets;
- … tried technical analysis but is not producing the promised results and is confusing;
- … used trading indicators and they deliver non-profitable signals.
What You’ll Learn In The Pro Iron Condor
- This strategy seeks a Delta Neutral positioning most of the time, which means it tries to minimize price fluctuations of the SPX and get profitability from options time decay and or Implied Volatility decrease. Several adjustments are possible with some flexibility but always under given guidelines which aims to maintain a Delta-neutral position.
- The options structure uses strike prices selection that makes it adapted to market conditions at the moment the trade is opened. Obviously, since it is a Vega negative strategy, it works best when Implied Volatility is high.
- The selection of the options chains that support the Vertical Spreads used on each side serves to avoid excessive fluctuations and adjustment needs. And this is why it is different and more consistent than what is common knowledge (that is spread all over the internet).
- This strategy delivers positive Theta. This means that we do not need to be stressed about the market not moving (Delta) as time passes. The trade structure of the Pro Iron Condor also reflects concerns about Vega. Being a Vega negative structure, the options chain selection was optimized to reduce sensitivity to volatility spikes.
- The document will describe also the adjustments in order to manage risk until the trade is closed.