Regarding option .Buying iron condor or any option On expiration date do we need to do any action or I mean sell or buy or just let it remain doing nothing then according market automatic get loss or profit ?
Novice questions - This video is explained so well, but something doesn't add up for me. If you "confirmed and sent" the trade, how much would it have cost? Do you have to accumulate more theta premium than the cost of the condor in order to profit from it? How long would it take for you to break even if the stock didn't move? Sorry I'm so confused.
This is a really interesting video, however it was confusing for a beginner like myself. Main confusion lies in the fact that 2 debit spreads are presented in the beginning, however, the iron condor is created using two credit spreads, on the opposite sides of the stock price... in fact you present a bullish put spread and a bearish call spread in the selling of the iron condor... not sure why this had to be presented in such a complicated manner, but all in all - ok video.
Kreteman, don't give up. It takes TIME & $$$ to learn Options Trading. Options Selling gives you a better chance (85-95%) of making money which is more than what the casinos will pay you.
The majority of 2014 was a good year to be doing iron condors on AMZN. BTW the color choices of the red lines on blue background risk graph on TOS are difficult to discern. Does the TOS platform have custom color configs?
Boy would i love to learn and use the iron condor!!!! but first i need to learn much more on options trading..I have a lot to learn but i am motivated even if it takes me 5 years..
Something interesting happened today to one of my iron condors. My short puts became cheaper than my long puts and my short calls became cheaper than my long calls. Why do you think this happened? Specifically, it’s on the contracts expiring on Nov 29 for NFLX...
When do you think it’s best to profitably exit the iron condor? I’ve heard of some people letting a profitable iron condor run to expiration day while other people cut and take profits when 50% of the max profit is reached. What do you think?
That depends on how wide the iron condor is and the duration. If you had a few days left or if you were doing 30 days or 60 days. There's a lot of factors involved here. We'll probably be covering some of these kinds of things in our live class. Check out the previous video and you may want to register for it
Excellent like always Sasha! Very good explanation. Can you explain wich conditions do we need to reach the account level to trade this kind of set up's. Thanks Sasha see you round!
TheTraveler iron condors there’s not much to manage, usually u want to manage your naked positions, but with credit spreads you just let the position fly or die, you can roll but that’s about it
if you trade stocks, how can you go forward without learning something called an "Iron Condor"? Just sounds cool. I made 5k off my Iron-Condor last month! Can you put a Stop loss/ order on an Iron-Condor? I would assume so.
Hey sasha, excellent work you been doing! I have to ask you something, how far of the expiration date, how wide the spreads would you recommend? Thanks
Sasha, it's very clear on how iron condor works for stock instruments but do you have a video on how it may work for forex spreads? Any help would be appreciated.
I dont get it! What is the point of taking long contract 40-30 days?!!? Why not execute the selling of iron condor in a short contract with 5 to 2 days till exparation???? Please, explan!
I mean then the white and the red lines meet faster , so you earn more , if you would do that over and over again throughout the 30 days ,compare to your suggestion to sell ONE iron condor for 30days /
thanks for your answer . i still think , that it's less risky to find stock with small moving price and work with small contract , than use the 30 day cont. Also, can you please tell me, if one chooses to work with small contract (2-5 days) , what strategy will be more effective . And what do i do, if i'm in the butterfly for some time.. and suddenly i have to sell the ask options ? im left with bid option (with say 10 days till expiration) and a risk that i might cover the BIG margin ((( what must you do in such situation? thank you.
thanks for your answer . i still think , that it's less risky to find stock with small moving price and work with small contract , than use the 30 day cont. Also, can you please tell me, if one chooses to work with small contract (2-5 days) , what strategy will be more effective . And what do i do, if i'm in the butterfly for some time.. and suddenly i have to sell the ask options ? im left with bid option (with say 10 days till expiration) and a risk that i might cover the BIG margin ((( what must you do in such situation? thank you.
An iron condor loses money if the stock moves too far in either direction, but a spread loses money only if the stock moves too far in one direction. Wouldn't that make a spread the better strategy?
Iron condor has a faster theta decay. Wouldnt that make the iron condor better? Not really... Neither is Better... It all comes down to which pros and cons you want to have...
@@tradersflyofficial I put avoiding large losses first. Compare an iron condor with a spread having two options on each leg. Also remember that theta decay tends to cancel for long and short positions and each strategy has an equal number of each.
Thank you for , it's good to know. My friends brought me to Shwabs couple years ago ,and I just start now trade seriously, saw you amazing video about options, but it hard for me to understand when I tried to set a iron condor . Could you send me please couple good example how to set iron condor ,and what should I pay attention,to not loose.
If you watch your stock option and know your spread, but see the price nearing one of the boundary's, couldn't you just close the position by selling the stock option spread, preventing loss?
Need to listen to this one more then one time to get the real understanding of what an Iron Condor is. Going to play it again.
Sasha, you're a great teacher!! Thanks for the lucid presentation of condors.
Thanks again, my dad ordered a couple books from AMZN just 2 wks ago on Iron Condors, talk about timely. Awesome explanation, as always...
Think I got it. This is more advanced video! Will come back and listen again
Great video! Funny to see AMZN so cheap watching this video 5 years later.
Fantastic! I recommend you all time! Thanks for giving back! MAY YOU HAVE A WONDERFUL AND PROSPEROUS NEW YEAR!
Great video!! Too much to digest as a beginner lol.
learn about calls, puts and spreads. then mix those elements together to get an iron condor. a lot of vids that can teach you the basics. Good luck!
Try watching the videos on the Sky View Trading channel. They explain things sooo well.
Lee Hailey don’t compliment Sasha to much, he does in fact touch him self often
This is a very nice explanation, Sasha. Thank you!
You are more than welcome. Thanks for watching
Dude you're a genius! Thank you!
You are welcome. Thanks for stopping by
How do you exit prior to expiration? I suppose you would Buy to Close and Sell to Close each position? Thanks
to reach high profit
Regarding option .Buying iron condor or any option On expiration date do we need to do any action or I mean sell or buy or just let it remain doing nothing then according market automatic get loss or profit ?
Great video, going to be watching more! Thanks!
Novice questions - This video is explained so well, but something doesn't add up for me. If you "confirmed and sent" the trade, how much would it have cost? Do you have to accumulate more theta premium than the cost of the condor in order to profit from it? How long would it take for you to break even if the stock didn't move? Sorry I'm so confused.
This is a really interesting video, however it was confusing for a beginner like myself. Main confusion lies in the fact that 2 debit spreads are presented in the beginning, however, the iron condor is created using two credit spreads, on the opposite sides of the stock price... in fact you present a bullish put spread and a bearish call spread in the selling of the iron condor... not sure why this had to be presented in such a complicated manner, but all in all - ok video.
Holy crap I feel like a dummy trying to wrap my head around options trading. Screw it! I'll stick to playing blackjack.
Kreteman, don't give up. It takes TIME & $$$ to learn Options Trading. Options Selling gives you a better chance (85-95%) of making money which is more than what the casinos will pay you.
Best and Knowldegeble vdo
Makes sense, but I am always making 60 and risking 440 with spy and dia
Very informative. Thanks!
The majority of 2014 was a good year to be doing iron condors on AMZN.
BTW the color choices of the red lines on blue background risk graph on TOS are difficult to discern. Does the TOS platform have custom color configs?
COOL i'm starting to see it thanks :)
Boy would i love to learn and use the iron condor!!!! but first i need to learn much more on options trading..I have a lot to learn but i am motivated even if it takes me 5 years..
Thank you Sasha I will keep going.
William Serrano Did you get it yet? Lol
I thought it was explained clearly in the video. Except initial margin, maintenance margin requirements, and margin vs cash accounts.
Something interesting happened today to one of my iron condors. My short puts became cheaper than my long puts and my short calls became cheaper than my long calls. Why do you think this happened? Specifically, it’s on the contracts expiring on Nov 29 for NFLX...
Thank you Sasha for the video. Very helpful. What Platform did you used to setup the Option in this example?
When do you think it’s best to profitably exit the iron condor? I’ve heard of some people letting a profitable iron condor run to expiration day while other people cut and take profits when 50% of the max profit is reached. What do you think?
That depends on how wide the iron condor is and the duration. If you had a few days left or if you were doing 30 days or 60 days. There's a lot of factors involved here. We'll probably be covering some of these kinds of things in our live class. Check out the previous video and you may want to register for it
Sasha Evdakov: Tradersfly thank you!
Are you actually buying stock, or is this buying and selling options premiums? I would hate to sell stock I dont have.
Excellent like always Sasha! Very good explanation. Can you explain wich conditions do we need to reach the account level to trade this kind of set up's. Thanks Sasha see you round!
Thanks Sasha for your quick response, cheers, and merry christmas!
Pablo Vaz it’s a spread so it’s defined risk most brokers will let you trade these right away, this is the pussified version of a strangle
Don’t worry about the 3 years you went with no awnser, Sasha touches him self
Great video and explanation of how to place/set an Iron Condor and being Theta positive is a plus.
Great video Sasha,
what platform are you using to place your trades?
Nice video. What are you using to show those slick profit and loss charts?
hello just wanted to know which trading platform you use?
Great vid, would be great if you could teach us how to manage the trade as well
TheTraveler iron condors there’s not much to manage, usually u want to manage your naked positions, but with credit spreads you just let the position fly or die, you can roll but that’s about it
if you trade stocks, how can you go forward without learning something called an "Iron Condor"? Just sounds cool. I made 5k off my Iron-Condor last month!
Can you put a Stop loss/ order on an Iron-Condor? I would assume so.
Hi,
can you please explain the weirdor iron condor?
Thanks
if i sell a iron condor and only try to make between 100 and 200, how do i get out before expiration date? or can i?
tvandang, Did you try it yet? I bet you are busy cashing checks or something.
amazing video!
how do you determine the range of the bullish or bearish?
Little difficult to answer in a RUclips comment. We cover these concepts more in our courses. Check it out at tradersfly.com
Hey sasha, excellent work you been doing!
I have to ask you something, how far of the expiration date, how wide the spreads would you recommend?
Thanks
Thanks!
I´ll watch that
Excellent! I am very interested in trying this strategy.
Sasha, it's very clear on how iron condor works for stock instruments but do you have a video on how it may work for forex spreads? Any help would be appreciated.
I have question regarding all these strategies. Do you need to actually own the stock to set these up or can they be done naked?
+Sasha Evdakov (TradersFly) Hey thanks Sasha
Thanks.
Welcome!
I dont get it! What is the point of taking long contract 40-30 days?!!? Why not execute the selling of iron condor in a short contract with 5 to 2 days till exparation???? Please, explan!
I mean then the white and the red lines meet faster , so you earn more , if you would do that over and over again throughout the 30 days ,compare to your suggestion to sell ONE iron condor for 30days /
thanks for your answer . i still think , that it's less risky to find stock with small moving price and work with small contract , than use the 30 day cont.
Also, can you please tell me, if one chooses to work with small contract (2-5 days) , what strategy will be more effective .
And what do i do, if i'm in the butterfly for some time.. and suddenly i have to sell the ask options ?
im left with bid option (with say 10 days till expiration) and a risk that i might cover the BIG margin ((( what must you do in such situation?
thank you.
thanks for your answer . i still think , that it's less risky to find stock with small moving price and work with small contract , than use the 30 day cont.
Also, can you please tell me, if one chooses to work with small contract (2-5 days) , what strategy will be more effective .
And what do i do, if i'm in the butterfly for some time.. and suddenly i have to sell the ask options ?
im left with bid option (with say 10 days till expiration) and a risk that i might cover the BIG margin ((( what must you do in such situation?
thank you.
what program are you using at 5:51
Thanks for the insight!
Can we workout a payment plan for the coaching? maybe 1 months worth make me your prize student!
Under what tab as the only selections are the coaching programs!
An iron condor loses money if the stock moves too far in either direction, but a spread loses money only if the stock moves too far in one direction. Wouldn't that make a spread the better strategy?
Iron condor has a faster theta decay. Wouldnt that make the iron condor better? Not really... Neither is Better... It all comes down to which pros and cons you want to have...
@@tradersflyofficial I put avoiding large losses first. Compare an iron condor with a spread having two options on each leg. Also remember that theta decay tends to cancel for long and short positions and each strategy has an equal number of each.
Which trading platform is he using?
Hello Sasha ! what kind broker do you use? and platform?
Thinkorswim by TDAmeritrade
Thank you for , it's good to know.
My friends brought me to Shwabs couple years ago ,and I just start now trade seriously, saw you amazing video about options, but it hard for me to understand when I tried to set a iron condor .
Could you send me please couple good example how to set iron condor ,and what should I pay attention,to not loose.
nice! i wonder to know your trading system plataform.
I'm confused, you collect theta premium every day?!?
Wouldn't fees and commissions bankrupt the hypothetical profits from an Iron Condor scalp?
They tax my check bi-weekly why are they going to turn around and tax my stock too?
Nobody ever say what happens when your iron condor expires in a loss.
If you watch your stock option and know your spread, but see the price nearing one of the boundary's, couldn't you just close the position by selling the stock option spread, preventing loss?