Become a Great Options Trader
Understand, thanks.
Igor,
please, one more question to this: does it mean, that if implied volatility is too low for Iron Condor Base, do you search for some alternative trades (do you have more setups)? What is your position sizing in these cases?
OK, thank you:-)
Hi Igor,
may I ask you what is edge of this trade? Why to open such trade now? I would expect “standard” IC of SPX 17 Feb with 10 delta strikes. Sorry for put this question but I am new here and want only better understand your thinking process.
Thank you.
Ok, thank you Igor.
Hi Steve, stop loss is set as 1.5x of total credit (in this case 1.7) or 1.5x of our profit target?