When the volatility is going down and the stock markets are moving in an upward trend, you could say that this is the right time to use the condor strategy. The Condor is a negative Vega option spread, meaning that you can make more money by using the Condor when the volatility is moving downward.
With little effort and/or changes at all, most of us Condor traders have been making money over the last few months. With this kind of income spread, at times, it can really be great! There are those times that we have very few adjustments to make. If the underlying simply trends and stays within a tight price range, then the Condor works well and you can make money in this market almost each day.
I would like to relax, enjoy your life, and make money nearly each and every day, wouldn’t you? With the Condor it can be done! It’s really is a beautiful way to live when the market gives you this kind of opportunity.
Now, I studied with San Jose Options, and leaned a far better, more conservative way to trade the Iron Condor option spread. It is a lower risk, safer way to trade the Iron Condor. What I learned before from other courses, and what they had me doing was very high risk. Now I can trade the Iron Condor with much more confidence knowing that my portfolio is safer than it has ever been before.
Most important thing about my new trading method is that my positions are much safer, and at the same time, I do not have to worry or do so many adjustments. Before I was making changes every single week and hoping for the best. Now, I have a much better way to trade the Iron Condors and I really thank San Jose Options for teaching me a much better way.