• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

IWO Trading Floor

Become a Great Options Trader

  • Customer Center

Reply To: SPX 18 NOV Iron Condor (459)

Home › Forums › Income Lab › SPX 18 NOV Iron Condor (459) › Reply To: SPX 18 NOV Iron Condor (459)

September 28, 2016 at 11:46 am #7043
IncomeLab (Old)
Participant

The game plan is to make adjustments IF/WHEN short put (1990) delta reaches 25 or short call (2250) delta reaches 20. We’re going to use OTM options with 45 days or more until expiration to reduce NET delta of this position by 1/2. Right now NET delta of this position is about -15.

Primary Sidebar

This is the Forum Sidebar Widget Area. You can add content to this area by visiting your Widgets Panel and adding new widgets to this area.

© 2021 Global Profit Systems International