To help you succeed I offer few months support for FREE. Let us say that Mr. ABC has decided to execute a Long Iron Condor strategy on Nifty. One question I always get from newer options traders is how you can possibly make a profit without getting the stock price direction to move in your favor. the net credit that you must have received at the time of placing this condor. If its in a range it will be in profit in a few days. Iron Condor Strategy. you can sell an iron condor for that month. An iron condor is typically a neutral strategy and profits the most when the underlying asset doesn't move much. To know more Call/SMS/WhatsApp me on 9051143004 or email me now. 4) what is the minium profit we can expect in a month/day for 1lac capital , if i follow ur strategies ? You can do this course from your home. P.S: So many years of trading has thought me one thing – it is always better to make small profits month after month, rather than lose money month after month trying to make too much money. 2. That said, Theta turns positive when the position becomes profitable, meaning time decay now starts benefiting the position. Now this discussion will get even interesting. Remember the more gap you give between the sold and the bought options – the more money you make but more risky your iron condor becomes. To profit in such a market scenario lets: It had reached almost 5900 when I put on the trade. Since the sold option has more points, a credit is done to your account. Right now I have a May SPY Iron Condor (111/112 puts and 125/126 calls) and of course my negative delta is becoming greater as the market is melting up. Maximum profit using the short iron condor strategy is obtained when the price of the underlying security drops below the strike price of the short put option or is higher than the strike price of the short call option. You set up your trade and you try to achieve a good profitability range where you are safe. As a directionally neutral strategy, iron condor trading does not require you to forecast the market direction. The Iron Condor Spread is one of the most popular trades of all Options trades, and it is the undisputed "King of Time Decay or Income strategies". Depending on profits I should also close my puts and bring them up one position to make more money. As you can see, super trend when applied on 3 mins time frame, it generated 351% before charges, but after we applied the above various transaction cost, we realized it doesn’t generate any profits at all, it broke. As soon as put the trade on 26-Apr-2013 – nifty started to rise – a worst case scenario. The maximum potential loss is simply the debit incurred when putting on the four option positions. Thus, as time passes, the call spread, and the put spread each lose value, and eventually, you can buy both spreads to exit the iron condor with a profit. Therefore there is no guarantee that everyone will achieve the same or similar results. Another thing you should keep in mind when trading iron condors is that you should go as far deep OTM as possible if that makes sense. I did a lot of research, read books and did countless paper-trading before being profitable. Jun 4, 2015 - Iron condors is my favorite strategy to trade nifty options month after month. This strategy is a combination of buying long and short positions in two different strangle strategies. Close the entire trade when one side breakeven price is hit to ensure one side wins and the other side just breaks even. More Resources . The iron condor strategy is a defined risk options trading strategy that benefits from non-movement in the price of the underlying stock price. You get two conservative non-directional strategies on options, one conservative stock option strategy and two conservative directional strategies on Future & Option combination. Means square off if you find nifty is giving a breakout or breakdown. TheOptionCourse.com Copyright @ All Rights Reserved Dilip Shaw, Founder. Trading the Iron Condor. A Long Iron Condor is a strategy wherein the trader would sell a lower strike Put, buy a lower middle strike Put, buy a higher middle strike Call, and sell a higher strike Call. This ensures I get back losses made in the Iron Condor trade plus I end up making a small profit because I double the lot in the second strategy. Here the profit and loss graph of an Iron Condor: You can see in the graph that profit and loss is limited in Iron Condor. They do require maintenance though. Yet, your guidance is solicited in the early stages of learning. Regards. My aim is to make you a better & disciplined trader with the stock trading and investing education and strategies you get from this website. As you can see, the iron condor option strategy is designed for veterans. Trading hours extension will not effect my strategies as they are fully hedged. The iron condor is a limited risk, non-directional option trading strategy that is designed to have a large probability of earning a small limited profit when the underlying security is perceived to have low volatility. NIFTY IRON CONDOR STRATEGY FOR MARCH 2017 As the market is very lackluster so in this kind of market we suggest you iron condor strategy which is limited risk & limited return strategy. I am very confident that you will make money trading my strategies. As long as the market stays within a range then you can earn simple income trading profits. Don’t let the name of the strategy intimidate you. The put ones expired worthless in may and I waited for nifty to go down. Set alerts for both wings breakeven prices. It's a statistically based trade, and you should treat it as such. Testimonials Year 2015 Page 2 An Iron Condor options strategy allows traders to profit in a sideways market that exhibits low volatility. Had doubt, as from October, the trading hours would be extended how would it affect your strategies? Loss to recover the same expiration trading my strategies known beforehand and are.. Email, or WhatsApp or any stock is range-bound not an investment (! Money trading my strategies as they are applied appropriately – iron condors be! Market to largely remain range bound, we have to fight against the of... For people who are new to options in that month that short Call/Put condor are. Took a little more time and patience meaning rising volatility now starts benefiting the position out-of-the-money short call.... 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