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The Iron Condor options strategy allows traders to profit when the stock remains in a specific range over time, but there’s a lot to know about the strategy before trading it.
In this video, you’ll learn how selling iron condors (the short iron condor) works with examples using historical options data, so you can see when the strategy succeeds, and when it fails. I’ll also walk you through the key considerations when selecting a stock for trading iron condors, including liquidity, implied volatility, and strike selection.
We’ll look at ways to defend/adjust an iron condor position when the stock moves against you, like rolling the untested side, and closing the iron condor/resetting it to a new position. The option modeler on projectoption will help us visualize all of these decisions to determine the pros and cons of each approach.
==== Video Chapters ====
00:00 Intro
00:30 Understanding the Iron Condor Options Strategy
03:35 Historical Iron Condor Trade Examples
07:05 Understanding the Greeks of a Short Iron Condor
10:13 Ways to Defend/Adjust an Iron Condor
15:25 Selecting a Stock for Iron Condors (Key Considerations)
18:10 Selling Iron Condors in High Implied Volatility Stocks (INTC)
=== Recommended Videos ===
➥ Options Trading for Beginners:
➥ Selling Put Options for Monthly Income:
Disclaimer: Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction, or investment. Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involve substantial risk of loss and are not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not necessarily indicative of future results. I am not a financial advisor. The ideas presented in this video are for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make.
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