On this episode of Trading For Newbies, Ryan and Beef explain how we can combine a short vertical put spread and a short vertical call spread to create an Iron Condor.
An Iron Condor is an options trading strategy that consists of selling a put spread and selling a call spread at the same time. This creates a directionally neutral strategy that profits when the price of a stock stays within the defined range over the duration of the trade. The Iron Condor is a great way to take advantage of periods in the market when the market is moving sideways and we don't thinkEpisode Contents
- Selling An Iron Condor
About Trading For Newbies
This series will educate you, the beginning trader on the basics of options trading and the doublerainbow approach to trading. Our goal is to get you to the point where you will be able to actively find opportunities in the market, enter and exit trades, and clearly articulate what you are doing throughout the process.