At what point can we expect to manage Iron Condors from a days to expiration and a profit percent perspective?Study
- 2005 - present
- 45 days
- Short 30 delta options
- 1, 2, 5, 10, 20 wings
We find that for an average winning trade, the 50% management day comes around day 40, and the percent profit at 21 days is around 10%. Regardless of the width, winning iron condors tend to reach profit % targets in a similar number of days.