Home › Forums › Income Lab › SPX 17 MAR Iron Condor (479) › Reply To: SPX 17 MAR Iron Condor (479)
January 26, 2017 at 7:11 am
#7470
fullspeedupup@gmail.com
Participant
good morning! Igor, I found that my position is small( 3 contracts) ,so my NET DELTA is -10 below but the call short leg still reached delta 20( I checked delta in the strike chain), so please let me know should I do the same to buy a call to cut the net delta in 1/2? I need to buy 5 delta to cut my NET DELTA into -5, is my understanding correct?
or should i do different way?
many thanks!