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Today we’ll be discussing iron condors and how to trade them within webull. We’ll start by learning what they are, how they work, and how to manage them throughout the life of the trade.
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Tastyworks (Great for options traders)
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Webull (UP TO 12 FREE STOCKS)
https://a.webull.com/KJLaoiDnnHrFKovdOg
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Iron condors, which are composed of both a short vertical put spread and a short vertical call spread. It’s a directionally neutral trade, mainly benefiting from time decay and volatility decreasing.
Timestamps
0:00 Intro
0:48 How to add option chain
1:52 Option chain explained
3:44 Iron condor (example 1)
8:41 Iron condor (example 2)
12:14 Outro
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