Exploring how to combine options strategies…

In my previous article, I.C. Explained, I described a textbook example of an Iron Condor. In this article, I will pick up where I left off, and focus on defining the main difference between the I.C. (Iron Condor) and Condor Spreads…

In this week's article, I will go over one of my Iron Condors that I did awhile ago. (Honestly, in my humble opinion, the last part of 2008 was not the correct environment for the Iron Condor strategy. The I.C. is a strategy that works well in sideways markets. In the last half of 2008, we had a "trending" market, and every owner of a 401K or an IRA account knows which direction the equity market was trending: a way South ? deep South.) Let us define an I.C. as a complex spread trade used in the directionless market environment. More specifically, an I.C. is an option strategy composed of two vertical credit spreads, namely a Bear Call and a Bull Put.

In this article we will examine a specific case of a debit and a credit spread in order to point out that there is virtually very little difference between the two. Instead of attempting to explain the concept by using a fictitious example, the stock XYZ with the one strike price being at this level and the other one at that level, etc, we shall utilize a couple of my recent trades for the same purpose…

In this article we will examine a specific case of a debit and a credit spread in order to point out that there is virtually very little difference between the two. Instead of attempting to explain the concept by using a fictitious example, the stock XYZ with the one strike price being at this level and the other one at that level, etc, we shall utilize a couple of my recent trades for the same purpose…

Writing credit call spreads can be the key to victory in the battle for market domination…

Writing credit call spreads can be the key to victory in the battle for market domination…