We love condors (and iron condors), but those are for the experienced only as they are very hard to make adjustments. We have all been burnt by iron condors in the past. Nevertheless, they are useful tool, especially when we have to cover a big move either way, then short strangle becomes verticals or iron condors.
April 17th, 2014 at 4:09 pm
We love condors (and iron condors), but those are for the experienced only as they are very hard to make adjustments. We have all been burnt by iron condors in the past. Nevertheless, they are useful tool, especially when we have to cover a big move either way, then short strangle becomes verticals or iron condors.