Igor – I wasn’t quite sure where to submit a general question – so I have chosen ‘Tips’.
Question:
– In your Trading Rules that would govern the way you do Income Lab trades – are you bound to trade Iron Condors all the time?
– With the glorious benefit of hindsight in the recovery from the 43 point ‘down day’ on the SPX on May17 – it would have been far more profitable to have traded a Bull PUT only – leaving the Bear CALL side off the IC.
– From May18 to May26 – Bear CALLs just got in the way.
– This was particularly relevant to 2 trades – 23JUN17 IC + 07JUL17 IC