When we place defined risk trades, we are comfortable with max loss on order entry. This is true when we are trading iron condors as well. Generally we hold these positions if we are tested and allow for the probabilities we selected on order entry to play out. However if we had to roll our position in order to avoid max loss, we can roll up our untested side to collect more credit. Today, Tom Sosnoff and Tony Battista discuss the pros and cons of using this strategy. For the study, the guys roll the untested side up in order to create an Iron Fly and look for the underlying to close at their short strikes. By making this adjust they are able to increase their profit but lower their win rate.