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Iron Condors Part 2: Risk Management on Zero Day and Longer-Term Iron Condors

Iron Condors Part 2: Risk Management on Zero Day and Longer-Term Iron Condors

Aired On

Apr / 18 / 2024
12:00 pm - EDT
Dan Sheridan
Sheridan Options Mentoring

Dan Sheridan will focus on Risk Management and Adjustments on Zero Day and Longer-Term Iron Condors. We will go through various examples and give you ideas on how to manage Iron Condors when the Market goes against you. Dan will give simple guidelines on a few Methodologies you might consider as you trade Iron Condors.

Disclosure: Interactive Brokers

Information posted on IBKR Campus that is provided by third-parties does NOT constitute a recommendation that you should contract for the services of that third party. Third-party participants who contribute to IBKR Campus are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.

This material is from Sheridan Options Mentoring and is being posted with its permission. The views expressed in this material are solely those of the author and/or Sheridan Options Mentoring and Interactive Brokers is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to buy or sell any security. It should not be construed as research or investment advice or a recommendation to buy, sell or hold any security or commodity. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Disclosure: Options (with multiple legs)

Options involve risk and are not suitable for all investors. For information on the uses and risks of options, you can obtain a copy of the Options Clearing Corporation risk disclosure document titled Characteristics and Risks of Standardized Options by clicking the link below. Multiple leg strategies, including spreads, will incur multiple transaction costs. "Characteristics and Risks of Standardized Options"

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