Trading Software and Volatility

Option Trading for Rookies: Advanced Iron Condor Option Strategies

Course Introduction

Variation No. 1: One Third Width Strikes Iron Condor

"Bread and Butter" Iron Condors Rules, POPs and Visuals (4:15)
Trade Page Setup Illustration (3:29)
Trade Page Profit/Loss, the POP and Managing Winners Explained (4:19)
Breakeven Price Explained (2:44)
Live Trading Platform Setup (5:18)
Managing Winner Trades (3:09)
The Art of "Widening the Spread" (4:18)

Checklist of Managing Trades

Variation No. 2: Skewed Put Iron Condor

Skewed/Unbalanced Iron Condor Rules (1:14)
POPs and Visual Illustration (2:42)
Trade Page Setup Illustration (3:15)
Trade Page Profit/Loss (1:18)
Live Trading Platform Setup (3:01)

Variation No. 3: Skewed Call Iron Condor

Variation No. 4: Chicken Iron Condor

Chicken Iron Condor Rules (1:19)
POPs and Visual Illustration (1:52)
Trade Page Setup Illustration (1:24)
Trade Page Profit/Loss, POP & Managing Winners Explained (1:02)
Live Trading Platform Setup (1:44)

Variation No. 5: One Standard Deviation Iron Condor

One Standard Deviation Iron Condor Rules (1:15)
POPs and Visual Illustration (1:20)
Trade Page Setup Illustration - Call Side Credit BAD (1:57)
Trade Page Setup Illustration - Call Side Credit GOOD (2:06)
Trade Page Profit/Loss, POP & Managing Winners Explained (1:30)
Live Trading Platform Setup - Call Side Credit BAD (1:53)
Live Trading Platform Setup - Call Side Credit GOOD (2:39)

Variation No. 6: The Big Boy Iron Condor

Big Boy Iron Condor Rules (1:27)
POPs and Visual Illustration (1:17)
Trade Page Setup Illustration (1:46)
Trade Page Profit/Loss, POP Explained (1:19)
Live Trading Platform Setup (2:06)

Managing Losses

Conclusions