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Options Jive

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Iron Condors: Where to Place Wings

Options Jive

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

We have two choices when defining risk on trades:

  • Fixed widths
  • Dynamic widths based on probabilities

In this segment, Tom and Tony dive into this commonly asked question of where traders should place their wings, paying particular attention to Iron Condors . If you are new to options or just looking to refine some trade entry mechanics, this is definitely a segment you do not want to miss!

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