Option Elements – Iron Condors and Butterflies

Option Elements – Iron Condors and Butterflies

Check it out: Option Elements – Iron Condors and Butterflies

Condors and Butterflies are the basic building blocks of option positions used to generate Income.

This course covers 8-10 one hour sessions using ON-LINE CLASSES, VIDEOS, PDF SLIDES, LIVE TRADING AND HISTORICAL RESULTS.

Learn the Option Elements unique perspective on Condors & Butterflies

Vertical Spreads – Calls & Puts
Definition
Premium
Short & Long
Tips about Iron Condors
High Probability
Low Probability
Others
Philosophy of Successful Trading with Iron Condors

What we look for
The Essence of the Trade
Risk Management
Consistency is the Key
Why Traders fail with this Strategy
The Importance of Volatility,
Implied and Historical
Aspects of Iron Condors
Traders are Unaware of
Extrinsic Time Value
Why & When to Adjust

Basic Rules
Different Types of Adjustments on the Upside
Different Types of Adjustments on the Downside
Downside
The Importance of Timing
The Best Methodology for You
Different Styles and Psychology of Each Trader

Iron Condor “No Touch”, no Adjustments
Importance of Back Testing
Psychology
Understanding Probabilities
Preparing a Good Plan
What it Consists of
Money Management
When to Trade & When not to Trade
The Greeks and their Impact on Iron Condors

Review of the Greeks
Greek Ratios
Greek Trends
How to manage the Greeks
What it is Key in our Trading
What we Look for and how do we Get it
How to get the Best Executions

The Importance of Good Executions
Timing
Ways to Buy and Sell
The Role of Market Makers
The Importance of a Good Trading
Platform
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