4 replies to this topic

[Doug]

I am an active trader who primarily sells Iron Condors on various indexes.

I concentrate on the SPX, SPY, OEX, MNX, SOX, NDX and the DJX.

Do any of you follow a similar path? Do you have any tips, tricks or insights that can make this even more profitable?

Thanks,

Regards,

[try2win]

I am an active trader who primarily sells Iron Condors on various indexes.

I concentrate on the SPX, SPY, OEX, MNX, SOX, NDX and the DJX.

Do any of you follow a similar path? Do you have any tips, tricks or insights that can make this even more profitable?

Thanks,

Regards,

how does that work out for you on a monthly basis ?

[Doug]

I make between 10 and 30+ percent on the money I must tie up to get the credit. I like these indexes because I can sell far out of the money and buy very far out of the money and realize a good credit at very low risK. Typically, there is less than a 30% chance that either end (put or call) will finish in the money.

Regards,

[vitaminm]

http://www.threeminutetrader.com/

http://www.condoropt...ry/iron-condor/

http://www.optioneti...fid=55&id=42273

[vitaminm]

http://www.investope.../ironcondor.asp

One may apply this strategy on OIH showing high premium.

http://www.threeminutetrader.com/

http://www.condoropt...ry/iron-condor/

http://www.optioneti...fid=55&id=42273

Edited by vitaminm, 16 October 2007 - 11:50 PM.