Today Brian Overby talks about iron condors on AAPL

Options Playbook Radio 66: Iron Condors, Continued

This week we are continuing our discussion of iron condors. For those of you playing the home game, you can find this information on page 126. If you?re following along online, all of this information is always at OptionsPlaybook.com.

Today Brian discusses:

  • A review of last time, which discussed indexes
  • Looking at an iron condor on AAPL, going out 23 days
  • What about earnings? Dividends?
  • Quick and dirty formula for probability
  • How does the math play out?
  • Brian assembles an iron condor on AAPL
  • What?s the maximum risk? Reward?
  • Getting out before expiration
  • Caveats
  • And more?