How to Trade and Understand Iron Condors on ThinkorSwim

Поділитися
Вставка
  • Опубліковано 27 гру 2024

КОМЕНТАРІ •

  • @shortthestrike
    @shortthestrike  2 місяці тому

    🛠Just launched my trading journal! If you trade stocks, options, futures, or crypto, give it a try with a 7-day free trial and let me know what you think! traderlog.io/

  • @pjd7591
    @pjd7591 10 місяців тому +1

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

  • @guitaroffthecuff-davids5528
    @guitaroffthecuff-davids5528 3 місяці тому

    Thank you! Very helpful. I will probably place my first Iron Condor trade today. Stay awesome!

  • @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.

  • @sandeepnij
    @sandeepnij 11 місяців тому

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

  • @freddurst4420
    @freddurst4420 2 роки тому +1

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

  • @harbor2884
    @harbor2884 Рік тому

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

  • @aleenrbeltran
    @aleenrbeltran 4 місяці 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

  • @jhafer80214
    @jhafer80214 2 роки тому +1

    Comprehensive and well paced. Good job!

  • @johnnyrobinson8168
    @johnnyrobinson8168 Рік тому

    Thanks for sharing! Truly enjoyed! ❤

  • @ocninjatrader8993
    @ocninjatrader8993 6 місяців тому

    Great job on explaining Iron Condor.🥰

  • @commonwealth6
    @commonwealth6 2 роки тому +1

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

  • @AP_123_
    @AP_123_ Рік тому

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

  • @BoomerVet
    @BoomerVet 3 місяці тому

    Thank you. One thing that would be helpful is a demonstration of how to close the order. I know you went through it verbally but it takes the edge off seeing it. Could you please run through that?

  • @noh9studio
    @noh9studio 2 роки тому

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

  • @Rafi-Tzur
    @Rafi-Tzur 2 роки тому

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

  • @AJ-cg7zc
    @AJ-cg7zc 2 місяці тому

    You made it more complex then it should be.

  • @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 🍿

  • @Hollywuud25
    @Hollywuud25 3 роки тому

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

  • @chulchue2619
    @chulchue2619 7 місяців 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?

  • @Lolablue1986
    @Lolablue1986 2 роки тому +1

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

  • @dano94
    @dano94 2 роки 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?

  • @kevinsenquiz902
    @kevinsenquiz902 Рік тому

    Amazing video 🤙🏽

  • @LMF-ct4lt
    @LMF-ct4lt 4 місяці тому

    How do you keep records of your trades?

  • @johnlamb4465
    @johnlamb4465 Рік тому

    please show me how to close the position

  • @avieda
    @avieda 6 місяців тому

    this is excellent thank you. !!

  • @qtube173
    @qtube173 2 роки тому

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

  • @tonysantaniello9352
    @tonysantaniello9352 6 місяців тому

    Excellent!!

  • @gerh8833
    @gerh8833 3 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  3 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

  • @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.

  • @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?

  • @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.

  • @willberger96
    @willberger96 2 роки тому

    Great video! Thanks!

  • @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 +2

      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.

  • @chrismnutone8421
    @chrismnutone8421 3 роки тому

    Great explanation, thank you!

  • @gidkidgaming3567
    @gidkidgaming3567 Рік тому

    What brokerage are you using in this video?

  • @Lump_Sum
    @Lump_Sum 10 місяців тому

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

  • @Vanoroc
    @Vanoroc Рік тому

    very interesting!

  • @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.

  • @shortthestrike
    @shortthestrike  3 роки тому +1

    What strategy video would you like next?

    • @timbomcjimbo
      @timbomcjimbo 3 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 5 місяців 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.

  • @dariusstefanliciu1610
    @dariusstefanliciu1610 6 місяців тому

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

  • @laodrofotic7713
    @laodrofotic7713 8 місяців тому

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

  • @rafiki-Bwana
    @rafiki-Bwana Рік тому

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

  • @michaelg8607
    @michaelg8607 6 місяців тому

    TOO MANY ADS!!!!!!!!