Iron Condor

The iron condor strategy is the perfect trade for range bound mostly trend-less markets. This is an option spread strategy that allows the option trader to take advantage of the passing of time as the the iron condor spread generates it’s profits from theta decay – or – the out of the money options which [...]

One of the most fashionable options selling strategies of non directional trading investors is the iron condor strategy.
The iron condor spread is a theta positive option strategy option traders use when they feel the underlying being used will stay within a range on the price chart over the next however many days are left until [...]

Learning how to correctly adjust iron condor is possibly the most important skill iron condor traders can learn.
While yes it is true that the iron condor spread has a high probability of winning (sometimes as high as 80 percent or even 90 percent) – the manner in which these spreads are constructed when they get [...]

An option vertical spread is the sale of one option and the purchase of another nearby option together as one ’spread’.
It is termed ‘vertical spread’ because if you were to look at an option chain that listed the all the available options – as well as the option sold and the option bought – these [...]

The first time someone tried to explain the concept of option selling to me I had a near brain meltdown.
Okay, maybe that’s a little over dramatic – but it was something that was a bit difficult to wrap my head around – and after coming to understand the concept and then trying to explain it [...]

The Iron Condor option spread trading strategy is a great way for investors to generate a decent monthly cash flow without having to site behind the computer all way watching every up and down tick of the market.
The iron condor is a theta positive option selling trade. What the iron condor trader is hoping to [...]

Two of the most talked about and popular option spread trading methods are the iron condor spread and the credit spread – also sometimes titled the vertical spread.
Actually, the iron condor is the credit spread – just times two. The iron condor spread strategy is composed of two credit spreads – one on each side [...]

While many iron condor traders perhaps don’t realize this – when they employ a popular and basic iron condor adjustment strategy of ‘rolling’ they are in fact placing a ‘condor spread’ – which is a spread all unto itself (and different from an ‘iron condor spread’)
A condor spread is a four legged option spread trading [...]