I Love Condors Like I Love IV Drops
Because the Iron Condor is a negative Vega strategy, this may be the perfect time to use this income option spread. Now that the volatility has been going down and the markets have become a calmer place to be, this makes it much easier to manage this option strategy.
Most Condor traders have been making money over the last few months with little effort at all. It is so great, at times, with this type of income spread. There are times that we have very little to do. If the underlying simply trends and stays within a tight price range, then the Condor works and cash flows the market almost each day.
With times such as these, we can relax, enjoy our lives, and make money nearly each and every day with the Condor. It’s really a wonderful way to live when the market gives us this opportunity. If the market would just go sideways forever, we’d all be very happy campers.
I had a chance to learn a different, more cautious way to trade Iron Condors. While most option traders have a very aggressive approach to this trading strategy, I learned a safer method by studying with San Jose Options. While other option traders have to get up at the beginning of the stock market each day, I can sleep in rest assured that my options portfolio is not being exposed to great risk.
The nice thing about my new trading method is that my positions are safer, and at the same time, I don’t have to do so many adjustments. Before I was making adjustments every single week, but now I have a much better way to trade condors, and I can thank San Jose Options and my education for that. In addition to having a safer options portfolio, I also have a chance to make a huge return each month, and I really don’t take on any outrageous risk. It’s the best of both worlds, conservative yet spicy. I’ve found a great way to trade options finally, and it’s taken me years of research to get this far.
Learn a more conservative approach to the Iron Condor by getting a better Options Education