From Theory To Practice - March 25, 2021 - Rolling $10 Wide Iron Condors

published 3 weeks ago by tastytrade, Inc.

Wider Iron Condors, like $10 or $20 wide, can be great substitutes for Short Strangles, while still having some kind of safety net in place, in the event that things get too crazy. As a result, these wider Iron Condors have characteristics of both the more narrow, more traditional Iron Condor and the naked Short Strangle. And as we see with our $10 Wide Iron Condor in BIDU today, when it comes time to roll these strategies forward, the relative pricing between the front month and the back month leans more towards the Short Strangle side of things.

more episodes from The tastytrade network