From Theory To Practice - February 1, 2021 - Expected Move Iron Condors
One of the first decisions that all traders will have to make when analyzing a new trade is whether or not they want to use a defined-risk strategy or an undefined-risk strategy. Inside of the defined-risk category, one of the most common strategies is the Iron Condor - a strategy that allows a trader to play a neutral bias in a given stock.
Well one of the best ways to select your strikes for an Iron Condor is by using the Expected Move in the stock, and today, we see exactly how to do that with our FB trade.