How to Trade and Understand Iron Condors on ThinkorSwim

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  • เผยแพร่เมื่อ 26 พ.ย. 2024

ความคิดเห็น • 57

  • @shortthestrike
    @shortthestrike  หลายเดือนก่อน

    🛠Just launched my trading journal! If you trade stocks, options, futures, or crypto, give it a try with a 7-day free trial and let me know what you think! traderlog.io/

  • @pjd7591
    @pjd7591 9 หลายเดือนก่อน +1

    I learned more on this video than I did with the TOS techs. Great job.

  • @guitaroffthecuff-davids5528
    @guitaroffthecuff-davids5528 2 หลายเดือนก่อน

    Thank you! Very helpful. I will probably place my first Iron Condor trade today. Stay awesome!

  • @NMranchhand
    @NMranchhand ปีที่แล้ว +2

    THAT was an excellent video, and just what I needed. My options fundamentals are good but I just wasn’t getting in tune with TorS for some reason though I was really trying. But your explanation, focused on the A-to-Z of one type of strategy made it seem very easy. I subscribed and can’t wait to see the rest of your videos. I know there is a lot of static noise in this area, but your teaching ability really deserves higher numbers.

  • @jhafer80214
    @jhafer80214 2 ปีที่แล้ว +1

    Comprehensive and well paced. Good job!

  • @ocninjatrader8993
    @ocninjatrader8993 5 หลายเดือนก่อน

    Great job on explaining Iron Condor.🥰

  • @noh9studio
    @noh9studio 2 ปีที่แล้ว

    Thank you for putting this together. It helped a lot, thanks for the tips.

  • @Rafi-Tzur
    @Rafi-Tzur 2 ปีที่แล้ว

    You explain/demonstrate great. I learn a lot from you... thanks man

  • @petecoffee7802
    @petecoffee7802 2 ปีที่แล้ว

    Outstanding work. Your videos are now my go to. I’m going to binge watch your TOS option videos this weekend 🍿

  • @johnnyrobinson8168
    @johnnyrobinson8168 11 หลายเดือนก่อน

    Thanks for sharing! Truly enjoyed! ❤

  • @AP_123_
    @AP_123_ ปีที่แล้ว

    More explanation videos like this, please. For each Options strategy, and spreads.

  • @sandeepnij
    @sandeepnij 10 หลายเดือนก่อน

    Great video. It would be nice if you also talked about placing stop and limit orders on the Iron Condor.

  • @aleenrbeltran
    @aleenrbeltran 3 หลายเดือนก่อน

    Great video. One thing that I didn't see..... Once that you set up your iron condor. how do you sell more than 1? Can I manage 10 or 100 at a time? Thanks

  • @Hollywuud25
    @Hollywuud25 2 ปีที่แล้ว

    Excellent explanation! Covered allot in a small amount of time.

  • @AJ-cg7zc
    @AJ-cg7zc หลายเดือนก่อน

    You made it more complex then it should be.

  • @avieda
    @avieda 5 หลายเดือนก่อน

    this is excellent thank you. !!

  • @dano94
    @dano94 2 ปีที่แล้ว

    Great video! I had a question when the options expire, does TD close out your positions or do you have to do it on the last day of expiration?

  • @qtube173
    @qtube173 2 ปีที่แล้ว

    this was a very very good video... paper trading is saving me from real life nightmares lol

  • @kevinsenquiz902
    @kevinsenquiz902 ปีที่แล้ว

    Amazing video 🤙🏽

  • @willberger96
    @willberger96 2 ปีที่แล้ว

    Great video! Thanks!

  • @efrumento
    @efrumento 2 ปีที่แล้ว

    Excellent explanation! Regarding multi-leg strategies in general, I learnt it is possible to close positions exiting one leg at a time if you face an illiquid context. Am I right? If so, which would be the preferable order to close each leg? I suppose we should close short legs first just in case of sudden assignment, isn´t it? Your feedback will be highly appreciated.

  • @BoomerVet
    @BoomerVet 2 หลายเดือนก่อน

    Thank you. One thing that would be helpful is a demonstration of how to close the order. I know you went through it verbally but it takes the edge off seeing it. Could you please run through that?

  • @commonwealth6
    @commonwealth6 2 ปีที่แล้ว +1

    Hi,
    What delta should I keep to choose strike price for all 4 legs.

  • @chrismnutone8421
    @chrismnutone8421 3 ปีที่แล้ว

    Great explanation, thank you!

  • @gerh8833
    @gerh8833 3 ปีที่แล้ว

    Well explained video. How do you manage the call or put option it it falls between your short and long legs? Do you take on the assignment?

    • @shortthestrike
      @shortthestrike  3 ปีที่แล้ว

      I’ll just close the spread for whatever it’s worth at expiration. I’m generally trying to avoid any assignments as much as possible

  • @tonysantaniello9352
    @tonysantaniello9352 5 หลายเดือนก่อน

    Excellent!!

  • @chulchue2619
    @chulchue2619 6 หลายเดือนก่อน

    In your example, how much cash would you have to have in your account to cover the number of options that you purchased did you buy 100 which gave you the profit? How many did you buy?

  • @harbor2884
    @harbor2884 ปีที่แล้ว

    Please show me how to put stop limit on iron condor. Thx

  • @shortthestrike
    @shortthestrike  3 ปีที่แล้ว +1

    What strategy video would you like next?

    • @timbomcjimbo
      @timbomcjimbo 3 ปีที่แล้ว

      Do you ever buy options or only sell?

    • @chadt103
      @chadt103 2 ปีที่แล้ว

      What would you consider to be your favorite strategy? I have been taking an options class for 6 months now. The class is very good but we just do the basics, ( Calls, Puts, & Verticals ) I have been researching many other options. This is the first video where I felt like I had the knowledge and understood the Strategy well enough to give it a shot. Thanks so much

    • @AsifHasham
      @AsifHasham 2 ปีที่แล้ว +1

      Wheel Strategy for Income.

    • @AP_123_
      @AP_123_ ปีที่แล้ว

      @@AsifHasham I second @shortthestrike

    • @markwelti11
      @markwelti11 4 หลายเดือนก่อน

      Great job teaching the Iron Condor. It seems to be a very popular strategy. One thing that I didn't see in this video was how to close it out or unwind it with a profit, near or at your 50% profit point? Like you said I would not want to tie my investment up for this long.

  • @chadt103
    @chadt103 2 ปีที่แล้ว

    Thank you. I just tried to put one on. Question do you normally try to get a 1 to 1 risk to reward? Question even with high Open Inst. do these take awhile to get filled? I tried one in my paper account to see how it worked but it did not get filled.

  • @Lump_Sum
    @Lump_Sum 9 หลายเดือนก่อน

    I’m alittle confused.. if you want the stock to stay put why choose one with high volatility? Cheaper options prices?

  • @Vanoroc
    @Vanoroc ปีที่แล้ว

    very interesting!

  • @LMF-ct4lt
    @LMF-ct4lt 3 หลายเดือนก่อน

    How do you keep records of your trades?

  • @Stealthy_Sloth
    @Stealthy_Sloth ปีที่แล้ว

    How do you exit the Iron condor at 75% profit? I'm a beginner and I'm nervous about this.

  • @Lolablue1986
    @Lolablue1986 2 ปีที่แล้ว +1

    How do you close out a Iron condor once you are ready?

  • @freddurst4420
    @freddurst4420 2 ปีที่แล้ว +1

    @2:42 why you not getting credit for selling the put ?? confused.

  • @johnlamb4465
    @johnlamb4465 ปีที่แล้ว

    please show me how to close the position

  • @freddurst4420
    @freddurst4420 2 ปีที่แล้ว

    key thing; at the end you just said you get out at 75%, can you close out the whole condor with one click ? or do you have to go through each option ?

    • @shortthestrike
      @shortthestrike  2 ปีที่แล้ว +2

      Nope, you'll generally want to close the entire spread at once. If you're on the monitor page just right click on the stock ticker then close selected, buy iron condor.

  • @gidkidgaming3567
    @gidkidgaming3567 ปีที่แล้ว

    What brokerage are you using in this video?

  • @brianmay9847
    @brianmay9847 2 ปีที่แล้ว

    Could you show delta hedging for an IC?

    • @shortthestrike
      @shortthestrike  2 ปีที่แล้ว

      Absolutely! I’m making a few study overviews first, but I can definitely cover that. Are you mainly interested in seeing how to visually see it on the risk/profile page and utilize various trades to adjust the delta to net neutral?

  • @dariusstefanliciu1610
    @dariusstefanliciu1610 5 หลายเดือนก่อน

    Bro if you have high IV that means the stock might move in a direction making you lose money with the condor.

  • @laodrofotic7713
    @laodrofotic7713 7 หลายเดือนก่อน

    why no one actually teaches how to fucking close this things? You are highly regarded for sure.

  • @rafiki-Bwana
    @rafiki-Bwana ปีที่แล้ว

    YOU DID NOT SHOW HOW TO CLOSE THE IRON CONDOR EXAMPLE ............VERY UPSETTING!

  • @michaelg8607
    @michaelg8607 5 หลายเดือนก่อน

    TOO MANY ADS!!!!!!!!