The Short Iron Condor profits when the price of the underlying asset remains in a relatively tight trading range (or a market-neutral bias). Swing Traders who are looking to take advantage of a sideways market will get more bang for their buck in boring markets.
Now, identifying the trend is obvious to the success of any trade, and I touch on that in this webinar but more importantly, you will find out how using options can limit your risk and increase your probabilities of a successful trade. Join Eric “The Wolfman” Wilkinson, former Chicago Board of Trade floor trader and 25 years professional trader, as he will show you how to spot the best time to use the Short Iron Condor option strategy.