The distance … It's always a balance between risk/reward. They do require maintenance though. Examples are AMZN, PCLN, GOOG, GOOL, NFLX, AZO; Leg into the Iron Condor by placing the first leg immediately after an earnings … I'm asked many times how we choose between Straddle, strangle or Reverse Iron Condor (RIC) for our pre-earnings plays. An iron condor profits most when stock index prices stay flat and price volatility falls. I’m talking about a reverse condor. This means that you expect the underlying to move a fair amount in one direction or the other. They look like an interesting alternative to Straddles and Strangles because they … By using a Good Till Cancel Order, instructing to close the Iron Condor at a specific limit price you can save some, or maybe most of this surveillance time. If the width of the condor is small, then there is a greater … Although, the strategy can be constructed with a bullish or … It’s a strategy, when used correctly, that has led to incredible returns around earnings … The Strategy: Short (Reverse) Iron Condor Description: This strategy involves buying both an out-of-the-money vertical call spread and out-of-the-money vertical put spread. All of them … If you let an iron condor run wild, it can hurt your portfolio … Quote from jkgraham: Has anyone ever bought Reverse Iron Condors before earnings? Iron Condor. Introduction To Reverse Iron Condor Option Strategy The reverse iron condor is an options trading strategy that is created with both puts and calls derived from the same underlying security and have the same expiration date. To create a … Continue reading "Reverse Iron Condor … An iron condor is typically a neutral strategy and profits the most when the underlying asset doesn't move much. An iron condor strategy is a non-directional options strategy that profits when the option on the underlying stock of your choice expires within your chosen range at expiration. Trade Ahead Of Earnings Strategy; Super Charge Buy-Write Strategy; Selling Put Options. The end result is that the reverse iron condor’s potential profit and loss are both limited. Iron condors are great strategies because you get to trade a neutral strategy for a smaller margin. As usual let's go with the … Selling Put Options Main Index; Selling Put Options Examples; SPY ETF Put Hedge … Choose stocks which have a habit of moving strongly in one direction after an earnings announcement.