Master Iron Condors – Double the credit for half the risk

The Iron Condor is one of the most popular Options strategies, and it is the undisputed "King of Time Decay strategies".

Created by: Hari Swaminathan
Options Mentor, Financial markets educator, Trader, Investor

What Will I Learn?

• Understand what an Iron Condor strategy is
• Master the trade setup criteria for an Iron Condor
• Understand the profit mechanics from an Iron Condor
• Why the Iron Condor is one of the most popular strategies of professional traders
• What are the danger points in an Iron Condor and how do we deal with them
• What are appropriate adjustment strategies for Iron Condors
• How do we manage the losing the side of an Iron Condor
• What is "rolling a spread" and how can we roll a losing side profitably

Requirements

• Excellent knowledge of Credit spreads and all material before it
• Excellent understanding of Time decay and Implied Volatility concepts

Target audience

• This is an advanced level course, so students must be familiar with Credit spreads
• Anyone wanting to create consistent monthly income strategies
• Busy professionals who don't have much time to look at the markets but need a reliable risk-defined strategy for monthly income