Thursday, January 12th, 2017

How to Fix Iron condors

The market has dropped to the point where corrective actions is necessary. One can always close the position if short strikes are within 20 points of the price. But markets can bounce back and ride up creating a whiplash. Remember there are least 26 days till  February expiration and lot can happen. All prices as of Fridays close.Basically there are 3 alternatives one can choose from. Here is a quick video. [Content protected for Gold members only]

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