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Options Jive - February 22, 2021 - Reaching Max Loss with Iron Condors

The tastylive network

English - February 22, 2021 14:21 - 9 minutes - 9.16 MB Video - ★★★★★ - 173 ratings
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Previous Episode: Options Crash Course: Strategy Management - February 21, 2021 - Strangle Management
Next Episode: Market Measures - February 22, 2021 - Defining Risk in Low IV

Iron condors have defined risk. More specifically, the maximum loss is capped by the BPR of the contract when opening the position.


How likely is it for the P/L of an iron condor to reach this worst case loss?


Join Tom and Tony as they look at SPY iron condors to answer this question.