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.
Fact is we have been cash-flowing the stock market over the last few months with little work at all. This is a benefit of the Iron Condor strategy. Sometimes the stock market is very mellow; this means that the Condor can make money almost every day. It is the type of option trade that makes money when the underlying stays within a tight price range.
It is a great thing making money like. It is very low stress, and at times it is a consistent income. This is one of those times that the stock market gives us the opportunity to really enjoy our option strategies. Without the stress it is a great way to make a living.
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.
For the past couple months, I have been easily making 10% on this technique, and believe me, I haven’t had to do very much at all. I just put the trade on and let my money work for me. The way I used to trade, I would have had to make several adjustments, but with my new trading methodology, the market never hits my adjustment points one single time. So needless to say, I’ve really been enjoying the stock market lately.
Learn a more conservative approach to the Iron Condor by getting a better Options Education