Mike And His Whiteboard

Option Strategies | Iron Condor

Mike And His Whiteboard

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

The short iron condor is a premium selling strategy with a neutral assumption. We want the stock price to stay within our short strikes at expiration. If that happens, all of our options would expire worthless and we would be able to keep the credit we received originally as profit.

Tune in to hear what Mike has to say about this strategy, and some things to think about when placing the trade!

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