Comments on: Iron Condor Option Trading Mini Course Part Two http://optiongenius.com/blog/iron-condor-option-trading-mini-course-part-two/ The Option Genius Blog Fri, 10 Feb 2012 01:37:22 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Iron Condor Option Spread Trading Course Part Five | Option Trading - Iron Condors, Credit Spreads, Covered Calls, Butterfly and Calender Spreads http://optiongenius.com/blog/iron-condor-option-trading-mini-course-part-two/comment-page-1/#comment-2602 Iron Condor Option Spread Trading Course Part Five | Option Trading - Iron Condors, Credit Spreads, Covered Calls, Butterfly and Calender Spreads Wed, 21 Sep 2011 18:17:54 +0000 http://optiongenius.com/blog/?p=332#comment-2602 [...] 1 – Part 2 – Part 3 – Part [...] [...] 1 – Part 2 – Part 3 – Part [...]

]]> By: Faizul http://optiongenius.com/blog/iron-condor-option-trading-mini-course-part-two/comment-page-1/#comment-2562 Faizul Sun, 11 Sep 2011 06:56:33 +0000 http://optiongenius.com/blog/?p=332#comment-2562 Thanks for the tips Allen, really useful. I just wanted to know, are there more parts to this mini course yet to come? Hope 2011 has been good for you. Crazy volatility out there and a lot of 'doom and gloom' in the mainstream media Faizul Thanks for the tips Allen, really useful. I just wanted to know, are there more parts to this mini course yet to come?

Hope 2011 has been good for you. Crazy volatility out there and a lot of ‘doom and gloom’ in the mainstream media

Faizul

]]> By: Genius http://optiongenius.com/blog/iron-condor-option-trading-mini-course-part-two/comment-page-1/#comment-990 Genius Tue, 28 Sep 2010 19:11:55 +0000 http://optiongenius.com/blog/?p=332#comment-990 I talk about commissions in the email course you can see in the top right corner of this page. If you have to adjust over and over and over then the commissions can eat away a lot of your profit. Keep in mind that the adjustment is not the goal. You want to just put the trade on, and let it decay and expire or exit with very little value. The adjustments are what allow you to stay in the trade when it goes against you. In normal circumstances you will not need to adjust much. (2010 has not been normal.) The type of adjustment also dictates how much you will spend on a condor. If the only adjustment method you know is to exit the whole trade and reposition, then you will be paying a lot. But if you can get by with just adding a long call or put, that is not commission intensive. I talk about commissions in the email course you can see in the top right corner of this page.

If you have to adjust over and over and over then the commissions can eat away a lot of your profit. Keep in mind that the adjustment is not the goal. You want to just put the trade on, and let it decay and expire or exit with very little value. The adjustments are what allow you to stay in the trade when it goes against you. In normal circumstances you will not need to adjust much. (2010 has not been normal.)

The type of adjustment also dictates how much you will spend on a condor. If the only adjustment method you know is to exit the whole trade and reposition, then you will be paying a lot. But if you can get by with just adding a long call or put, that is not commission intensive.

]]> By: Paul Bruno http://optiongenius.com/blog/iron-condor-option-trading-mini-course-part-two/comment-page-1/#comment-986 Paul Bruno Sat, 25 Sep 2010 21:59:01 +0000 http://optiongenius.com/blog/?p=332#comment-986 One thing that needs to be mentioned in Condor trading are the large commissions, which can wipe out your profits if you end up making several adjustments. Can we talk about that? One thing that needs to be mentioned in Condor trading are the large commissions, which can wipe out your profits if you end up making several adjustments. Can we talk about that?

]]> By: Jason Wingfield http://optiongenius.com/blog/iron-condor-option-trading-mini-course-part-two/comment-page-1/#comment-836 Jason Wingfield Wed, 18 Aug 2010 22:01:29 +0000 http://optiongenius.com/blog/?p=332#comment-836 I hadn't considered using statistics over technical analysis. I'm interested in giving this a try in my demo account. I hadn’t considered using statistics over technical analysis. I’m interested in giving this a try in my demo account.

]]> By: Iron Condor Option Trading Mini Course | Option Selling http://optiongenius.com/blog/iron-condor-option-trading-mini-course-part-two/comment-page-1/#comment-748 Iron Condor Option Trading Mini Course | Option Selling Mon, 26 Jul 2010 19:41:43 +0000 http://optiongenius.com/blog/?p=332#comment-748 [...] continue to Part Two: http://optiongenius.com/blog/iron-condor-option-trading-mini-course-part-two/ [...] [...] continue to Part Two: http://optiongenius.com/blog/iron-condor-option-trading-mini-course-part-two/ [...]

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