The three main things to consider before placing an Iron Condor are:
- What to put on? (ie. Where to place our short )
- Dynamic or static wings?
- Wing width?
In this segment, Tom and Tony run through everything you need to know to set up this classic strategy in your IRA. As a defined risk trade,are a strategy for a trading portfolio that can often enhance returns.
If you are new to this strategy or just looking to brush up on mechanics, this is definitely one you do not want to miss!