Option Elements – Iron Condors and Butterflies Class

• 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

• 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