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Reply To: SPX 19 MAY Iron Condor (494)

Home › Forums › Income Lab › SPX 19 MAY Iron Condor (494) › Reply To: SPX 19 MAY Iron Condor (494)

April 6, 2017 at 12:08 am #7821
Tony Mater
Participant

Thanks Igor, but I do have a question. Is there any other way to reduce/increase Delta then to buy OTM calls or puts? I like selling 7 10 and 15 delta not buying them. Can we buy ITM call spreads to increase Delta? I feel like I am throwing money away by buying OTM calls/puts.
Maybe other members have other ideas. I know you put a lot of research into coming up with your blueprint of adjustments and I am new to Iron condor game. But I do plenty of credit spreads and sell plenty of low Delta options to the dreamers. It’s just hard for me to buy them.

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