Regular Income Option strategies - Iron Condor & Iron Fly

Regular Income Option strategies - Iron Condor & Iron Fly

Iron Condor and Iron Fly are very popular option trading strategies due to their defined risk and reward and you can formulate your strategy methodically using delta.

Iron Condor and Iron Fly are  known as extensions of strangle and straddle.  They also can formulated as a combination of credit and debit spreads.

These strategies you can easy replicate and do on a continuous basis to get regular income. People who want to trade in high IV scenario using hedging options can go for this.

During this course you will learn

• Iron Condor and Iron Fly basic construct

• Types of Iron Condor

• Pay off diagrams of Iron Condor and Iron Fly

• Adjustment of Iron Condor and Iron Fly

• Selection of strike prices

• Call credit spread selection

• Put credit spread selection

• Usage of delta

• IV Rank and IV percentile for strategy selection

• Backtesting with past data and case studies

• Efficiency of the strategies during earnings season

  
  

This is advanced option course so basic understanding of option buying, option selling and option greeks is required. For the  benefit of the students I will recap some of the key terms which will help you in understanding the strategies in a easier way.

At the end of the course you will be in a position to understand these hedging strategies in a very detailed manner and will be able to select your strategy accordingly.

Options trading, Iron Condor , Iron Fly, High probability trade, Call options, Put options, Hedging, Credit strategies

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What you will learn

• Iron Condor
• Iron Fly
• Hedging of options

Rating: 3.8

Level: Expert Level

Duration: 3.5 hours

Instructor: Ravi Kumar K