IV Falls And My Bank Account Rises
While the volatility is moving down and the market is moving up, one may believe that this is the perfect time to trade the Iron Condor. It benefits by a drop in the volatility because the Iron Condor is a negative Vega option spread.
Fact is we have been cash-flowing the stock market over the last few months with little work at all. This is a benefit of the Iron Condor strategy. Sometimes the stock market is very mellow; this means that the Condor can make money almost every day. It is the type of option trade that makes money when the underlying stays within a tight price range.
With this style of making money it is like living a dream. Just think how fun it would be to make money while you are reading a good book, swimming or enjoying your favorite cocktail! It is wonderful when the stock market gives us this opportunity to relax and still make an income.
One thing I like about the San Jose Options process to the Iron Condor is that they have a more conservative approach to them. While other courses teach an aggressive approach, they are also taking on much more risk than San Jose Options. They have to adjust much more often too, and this causes a problem in a market that is going up and down a lot. Aggressively trading condors will lead to more adjustments, more stress, more headaches and loosing overall.
With very little adjustments at all I have been making about 10% per month. In the past I was doing adjustments nearly every week to my portfolio in order to keep my funds protected. That was driving me crazy by the way. But now I have a safer way to create the Iron Condor from the beginning, and I have to do fewer changes over all. It has been really nice trading the stock market over the last few months. My life style has even changed thanks to learning a safer way to do this option strategy called the Iron Condor.
Learn a more conservative approach to the Iron Condor by getting a better Options Education