Iron Condor Income System for Today's Market

Name: Iron Condor Income System for Today's Market
Rating: 4.5 (116 reviews)

The Foundation, Details and Understanding You Need to Utilize the Iron Condor Strategy

Created bySteve Liguori

Last updated 11/2025

English

What you'll learn

You will learn how to choose an Iron Condor that you can Profit with in Today's Market Conditions.
See why so many Traders struggle to make consistent profits with Directional and Semi-Directional Strategies such as Long Options, Debit and Credit Spreads.
Learn the When, Why and How of Iron Condor Trade Adjustments, including different adjustment techniques for people who do not have market access all day.
A Clear Trading Plan is Provided and Explained, as well as a way to keep track of results.
Learn the thought process behind choosing from an arsenal of adjustment choices and how to decide which is right for you!
Use Delta value and Risk Graph to gauge if your adjustment is sufficient for your comfort level.
Updated October 2025 with new trade example and explanations to show how this system is still a viable strategy

Course content

6 sections • 15 lectures • 3h 43m total length

Introduction - What is an Iron Condor17:08
What is the Iron Condor Strategy? Let's look at a couple of variations and explore the probabilities of success.

Stock and Long Calls - Probability of Success12:03
In this lesson we will look at the Risk Pictures of Stock and Different Long Call positions and see what the probabilities are for their success.
What About Debit Spreads?16:38
Debit Spreads will cap our potential reward, but maybe it is worth it if they increase our probability of success and lower our risk.
Are Credit Spreads Any Better?11:36
Maybe Credit Spreads are the way to go. I have heard that the pros are option sellers, right?

Today's Iron Condor Explained24:07
Now, let's get down to business. This lesson explains Today's Iron Condor and how it is possible to generate a steady income if a Trading Plan is Utilized, Practiced and Perfected.
Biasing the Iron Condor to Today's Market15:40
Sometimes the market is trending and sometimes it is consolidating. How can we utilize the same Iron Condor strategy in a way that customizes it to the current market? Let's take a look.
Today's Iron Condor Trading Plan11:17
This lesson explains the Iron Condor Trading Plan. You can download the Trading Plan and use it or modify it to suit your needs. As you move forward and gain experience, you may find that you want to tweak the criteria or adjustment points to suit your risk tolerance and market availability.

There are two Bonus videos that can be downloaded as part of this lesson. They are on setting up email alerts in Thinkorswim and TradeStation platform. These can help you stay in tune with the market when you are busy doing other things.
Iron Condor Trading Plan

Trade Adjustments - Part 119:14
Trade Adjustments for the Good and the Bad Trades. This lesson evaluates a few of the adjustment choices and explains the thought process that can be used to make an adjustment decision.
Trade Adjustments - Part 216:45
The Ugly side of trade adjustments. The market is moving fast, often to the down side. Panic selling hits the market. What can you do? This lesson discusses some of your choices and how they can affect your position.
Trade Adjustments - Part 315:43
This lesson investigates trade adjustments when the trade is profitable. Many traders just exit at a certain percentage gain or return on risk. Others have in their plan a way of adjusting to see if they can milk a little more money out of the market.

Trade Example - October 9th Opening Trade5:28
This video demonstrates a recent trade example and walks you through the trade entry decisions
Trade Example - October 23rd Evaluate October 9th Iron Condor Trade Position3:35
In this video, we will check in on our iron condor trade from October 9th and evaluate its current position on October 23rd.
Trade Example - Exiting the October 9th Iron Condor on November 10th3:31
In this video, we discuss exiting the iron condor trade from October 9th. Some alternate exit choices are discussed.

The Opportunistic Iron Condor31:29
Sometimes there are market conditions out there that allow for great Iron Condor opportunities. Let's see if we can narrow the width during certain situations and grab a little more profit.
Program Summary and Next Steps18:55
This lesson gives you a great way to practice managing trades in trouble. Using a chart we can setup a Simulated Iron Condor trade that is under pressure and then use current data to evaluate the adjustment choices.
Also, in this lesson I provide you with a great tool to track your series of trades so you can keep track of your progress.

Best of Luck Trading!
Steve

Requirements

Basic Knowledge of Calls, Puts, Credit Spreads and Debit Spreads makes it easier to understand the Implementation and Trade Adjustments of this system.
Access to a Risk Graph Analyzer and a SIM Trading Platform to practice your own trade execution, analysis and management based on examples in this course can rapidly accelerate your understanding of the course material.

Description

Jumping from Course to Course and Still Struggling! Stop the Madness! Help is on the way!

This Iron Condor System Course Explains the "How" and "Why" that many other programs ignore. From years of Coaching New and Experienced Traders, I have been able to Identify the obstacles that struggling traders need help with most.

The Course provides not only the Foundation, but also the Details necessary for you to learn, understand, and utilize the Iron Condor Strategy in a way that fits Your market available and comfort level.

Once you understand and practice the mechanics of placing the trade and adjusting the trade, you are on your way to utilizing a strategy that can provide a Consistent Monthly Income. Learn the best Stocks, Strikes, Expiration and Trade Management Techniques to use in Different Market Conditions.

You will learn how to choose an Iron Condor that you can Profit with in Today's Market Conditions.
You will understand why so many Traders Struggle to make Consistent Profits with Directional and Semi-Directional Strategies such as Long Options, Debit and Credit Spreads.
A Clear Trading Plan is Provided and Explained, as well as a way to keep track of results.
Learn the When, Why and How of Trade Adjustments, including adjustment techniques for traders who do not have market access all day.
Learn the thought process behind choosing from an arsenal of adjustment choices and how to decide which is right for you!
You will Learn to Use the Options Greeks Delta value and Risk Graph Analysis to gauge if your adjustment is sufficient for your comfort level.

This course also explains why many traders fail due to the strategies they choose and the Risk they take on. Whether it's Stocks you are Trading, or Long Options, Debit spreads or Credit Spreads, you have to Understand the Risk and the Probabilities to be Successful.

Who this course is for:

Beginner to Intermediate level traders looking for a Strategy to Generate Monthly and Weekly Income.
Advanced Traders looking for an effective way to Sell Iron Condors for consistent income in Today's Market conditions.

Iron Condor Income System for Today's Market

What you'll learn

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Course content

Introduction1 lecture • 17min

Comparing the Iron Condor to Other Strategies3 lectures • 40min

Setting Up and Customizing the Iron Condor Trade3 lectures • 51min

Taking Profits and Adjusting the Trade3 lectures • 52min

Updated Section - October 2025 Iron Condor Trade Example and Management3 lectures • 13min

Special Trade Opportunities and Accelerating the Learning Curve2 lectures • 50min

Requirements

Description

Who this course is for: