How to Trade and Understand Iron Condors on ThinkorSwim

Поділитися
Вставка
  • Опубліковано 22 сер 2024

КОМЕНТАРІ • 52

  • @shortthestrike
    @shortthestrike  2 роки тому +1

    What strategy video would you like next?

    • @timbomcjimbo
      @timbomcjimbo 2 роки тому

      Do you ever buy options or only sell?

    • @chadt103
      @chadt103 2 роки тому

      What would you consider to be your favorite strategy? I have been taking an options class for 6 months now. The class is very good but we just do the basics, ( Calls, Puts, & Verticals ) I have been researching many other options. This is the first video where I felt like I had the knowledge and understood the Strategy well enough to give it a shot. Thanks so much

    • @AsifHasham
      @AsifHasham 2 роки тому +1

      Wheel Strategy for Income.

    • @AP_123_
      @AP_123_ Рік тому

      @@AsifHasham I second @shortthestrike

    • @markwelti11
      @markwelti11 28 днів тому

      Great job teaching the Iron Condor. It seems to be a very popular strategy. One thing that I didn't see in this video was how to close it out or unwind it with a profit, near or at your 50% profit point? Like you said I would not want to tie my investment up for this long.

  • @pjd7591
    @pjd7591 6 місяців тому +1

    I learned more on this video than I did with the TOS techs. Great job.

  • @NMranchhand
    @NMranchhand Рік тому +2

    THAT was an excellent video, and just what I needed. My options fundamentals are good but I just wasn’t getting in tune with TorS for some reason though I was really trying. But your explanation, focused on the A-to-Z of one type of strategy made it seem very easy. I subscribed and can’t wait to see the rest of your videos. I know there is a lot of static noise in this area, but your teaching ability really deserves higher numbers.

  • @jhafer80214
    @jhafer80214 2 роки тому +1

    Comprehensive and well paced. Good job!

  • @AP_123_
    @AP_123_ Рік тому

    More explanation videos like this, please. For each Options strategy, and spreads.

  • @petecoffee7802
    @petecoffee7802 2 роки тому

    Outstanding work. Your videos are now my go to. I’m going to binge watch your TOS option videos this weekend 🍿

  • @tonysantaniello9352
    @tonysantaniello9352 2 місяці тому

    Excellent!!

  • @ocninjatrader8993
    @ocninjatrader8993 2 місяці тому

    Great job on explaining Iron Condor.🥰

  • @Rafi-Tzur
    @Rafi-Tzur Рік тому

    You explain/demonstrate great. I learn a lot from you... thanks man

  • @sandeepnij
    @sandeepnij 6 місяців тому

    Great video. It would be nice if you also talked about placing stop and limit orders on the Iron Condor.

  • @avieda
    @avieda 2 місяці тому

    this is excellent thank you. !!

  • @noh9studio
    @noh9studio Рік тому

    Thank you for putting this together. It helped a lot, thanks for the tips.

  • @aleenrbeltran
    @aleenrbeltran 6 днів тому

    Great video. One thing that I didn't see..... Once that you set up your iron condor. how do you sell more than 1? Can I manage 10 or 100 at a time? Thanks

  • @Hollywuud25
    @Hollywuud25 2 роки тому

    Excellent explanation! Covered allot in a small amount of time.

  • @johnnyrobinson8168
    @johnnyrobinson8168 8 місяців тому

    Thanks for sharing! Truly enjoyed! ❤

  • @chulchue2619
    @chulchue2619 3 місяці тому

    In your example, how much cash would you have to have in your account to cover the number of options that you purchased did you buy 100 which gave you the profit? How many did you buy?

  • @qtube173
    @qtube173 Рік тому

    this was a very very good video... paper trading is saving me from real life nightmares lol

  • @kevinsenquiz902
    @kevinsenquiz902 11 місяців тому

    Amazing video 🤙🏽

  • @chrismnutone8421
    @chrismnutone8421 2 роки тому

    Great explanation, thank you!

  • @commonwealth6
    @commonwealth6 2 роки тому +1

    Hi,
    What delta should I keep to choose strike price for all 4 legs.

  • @harbor2884
    @harbor2884 Рік тому

    Please show me how to put stop limit on iron condor. Thx

  • @willberger96
    @willberger96 2 роки тому

    Great video! Thanks!

  • @efrumento
    @efrumento 2 роки тому

    Excellent explanation! Regarding multi-leg strategies in general, I learnt it is possible to close positions exiting one leg at a time if you face an illiquid context. Am I right? If so, which would be the preferable order to close each leg? I suppose we should close short legs first just in case of sudden assignment, isn´t it? Your feedback will be highly appreciated.

  • @Lump_Sum
    @Lump_Sum 6 місяців тому

    I’m alittle confused.. if you want the stock to stay put why choose one with high volatility? Cheaper options prices?

  • @freddurst4420
    @freddurst4420 2 роки тому +1

    @2:42 why you not getting credit for selling the put ?? confused.

  • @LMF-ct4lt
    @LMF-ct4lt 4 дні тому

    How do you keep records of your trades?

  • @dano94
    @dano94 Рік тому

    Great video! I had a question when the options expire, does TD close out your positions or do you have to do it on the last day of expiration?

  • @Vanoroc
    @Vanoroc Рік тому

    very interesting!

  • @johnlamb4465
    @johnlamb4465 Рік тому

    please show me how to close the position

  • @Lolablue1986
    @Lolablue1986 Рік тому +1

    How do you close out a Iron condor once you are ready?

  • @gerh8833
    @gerh8833 2 роки тому

    Well explained video. How do you manage the call or put option it it falls between your short and long legs? Do you take on the assignment?

    • @shortthestrike
      @shortthestrike  2 роки тому

      I’ll just close the spread for whatever it’s worth at expiration. I’m generally trying to avoid any assignments as much as possible

  • @laodrofotic7713
    @laodrofotic7713 4 місяці тому

    why no one actually teaches how to fucking close this things? You are highly regarded for sure.

  • @dariusstefanliciu1610
    @dariusstefanliciu1610 Місяць тому

    Bro if you have high IV that means the stock might move in a direction making you lose money with the condor.

  • @chadt103
    @chadt103 2 роки тому

    Thank you. I just tried to put one on. Question do you normally try to get a 1 to 1 risk to reward? Question even with high Open Inst. do these take awhile to get filled? I tried one in my paper account to see how it worked but it did not get filled.

  • @freddurst4420
    @freddurst4420 2 роки тому

    key thing; at the end you just said you get out at 75%, can you close out the whole condor with one click ? or do you have to go through each option ?

    • @shortthestrike
      @shortthestrike  2 роки тому +1

      Nope, you'll generally want to close the entire spread at once. If you're on the monitor page just right click on the stock ticker then close selected, buy iron condor.

  • @Stealthy_Sloth
    @Stealthy_Sloth Рік тому

    How do you exit the Iron condor at 75% profit? I'm a beginner and I'm nervous about this.

  • @gidkidgaming3567
    @gidkidgaming3567 Рік тому

    What brokerage are you using in this video?

  • @moonx1949
    @moonx1949 Рік тому

    YOU DID NOT SHOW HOW TO CLOSE THE IRON CONDOR EXAMPLE ............VERY UPSETTING!

  • @brianmay9847
    @brianmay9847 2 роки тому

    Could you show delta hedging for an IC?

    • @shortthestrike
      @shortthestrike  2 роки тому

      Absolutely! I’m making a few study overviews first, but I can definitely cover that. Are you mainly interested in seeing how to visually see it on the risk/profile page and utilize various trades to adjust the delta to net neutral?

  • @michaelg8607
    @michaelg8607 2 місяці тому

    TOO MANY ADS!!!!!!!!