From Theory To Practice - February 22, 2021 - How to Trade $10 Wide Iron Condors

Published: Feb. 22, 2021, 7:35 p.m.

The Iron Condor is a great strategy that allows you to take a neutral bias in the market with a defined-risk trade. But interestingly, when you begin to widen out your Iron Condors, they start to act more like an undefined-risk position than they do a defined-risk position. This is certainly the case with $10 wide Iron Condors, as we see with our potential BIDU position today.