The Iron Duck Options Spread

Present the structure of iron duck options spreads for stocks and ETFs, focusing on earnings announcements, risk-reducing tweaks, and variations like broken wing iron butterfly and jade lizard.

Master the iron duck options spread: sell 65 delta calls, buy higher strikes, sell 15 delta puts, buy 10 delta puts, with no upside risk, $1 credit, and 85% probability.

Close the iron duck spread by exiting at a stop loss equal to 100% of the initial credit and near expiration if profitable, with a break even alert.

Identify the core stocks and ETFs for the iron duck spread, focusing on SPY, DIA, QQQ, and IWM above $200, with earnings-driven volatility offering additional trading opportunities.

Explore iron duck options spreads at expiration on stocks and etfs. Master max profit, assignment risk, and closing before expiration to avoid stock assignment.

Learn to trade iron ducks around earnings by selecting liquid stocks, aiming for at least $1 credit and $100 max profit, using weekly or 21-day expirations with risk controls.

Explore a Netflix earnings iron duck example, setting up an iron condor with 65 delta calls and 15 delta puts, assessing credit, risk, and exit strategies.

For small accounts, trade iron condors on DIA, SPI, QQQ, and IWM with about ten days to expiration, risking around $300 per trade and aiming for roughly a 5% return.

Explore the jade lizard, a naked put variation of the iron duck, offering higher probability of success but undefined downside risk and greater buying power requirements.

This lecture explains the broken wing iron butterfly, a high-probability, no upside risk variation of the iron duck, offering higher max profit and strict exit rules.

Analyze a broken wing iron butterfly backtest versus the iron duck, using 65 delta short calls/puts, 50 delta calls, 10 delta puts, 14 days to expiry, and a 50% stop.

Master the iron duck cheat sheet for liquid stocks and ETFs; trade delta spreads (65/15) for at least 85% pop with no upside risk and a 100% credit stop.

Master futures options trading with the iron duck spread. Profit in up, down, or sideways markets using a step-by-step cheat sheet that eliminates one-sided risk for small accounts.

Explore the iron duck strategy for futures options and build a cheat sheet and watchlist of the most liquid symbols available to trade, highlighting tradable futures options versus ETFs.

Set up iron duck spread by selling 65 delta call and 15 delta put, buying higher strike and 10 delta puts, with no upside risk and 85% probability of profit.

This lecture walks through setting up an iron duck iron condor on the S&P 500 using TOS and tastyworks, selecting 65-delta strikes and adjusting with the analyze tab.

Close the iron duck by exiting on loss or expiration for futures, using a break-even alert. Respect no adjustments or rolls and rely on theoretical stop at 100% initial credit.

Learn how iron duck futures options behave at expiration on es, explore assignment and exercise outcomes, max profit zones, and near-expiration exit strategies.

Explain the reverse iron duck, a setup with no downside risk by making calls pricier than puts. Gold illustrates about 85% profit probability and break-even dynamics.

Explore reverse iron duck setups across SPX and commodities like gold and oil, compare to traditional iron ducks, and assess skew, implied volatility, and breakeven to target probability of profit.

Practice risk management for Iron Duck spreads by sizing under 30% of your account, laddering trades across entry points and expirations, and using alerts to exit near break-even.

Trade small accounts with careful position sizing, risking no more than 5% per trade and 30% of the account. Use SPY options and ladder into different expirations.

Explore the navigation trading method: ladder into multiple options on futures across 7+ days to expiration, entering across different days and expiration cycles to improve probabilistic outcomes.

Explore the iron duck options spread in a live class Q&A, learning a short-delta, no-risk-to-the-upside strategy with an 85% probability of profit and clear entry criteria.

In this live class q&a, we discuss iron duck trades, expiration behavior, exit strategies, assignment and broker fees, and how 1–21 day trades capitalize on volatility and theta decay.

Explore the skewed iron duck: a futures-based variation of the iron condor, detailing max profit, risk control, and how to set up and adjust legs for earnings trades.

Join the pro membership to receive navigation alerts with exact entry and exit details, view live trades, and access a library of iron condors, dynamic spreads, and other options strategies.

Join the free navigation trading community to access core options basics and spread courses—iron condors, calendar spreads, and butterflies, plus directional strategies—via discord, with free content and optional pro upgrades.

Compare TD Ameritrade thinkorswim, Trade Hawk, and Tastytrade for options trading, noting per‑contract commissions, exchange fees, and payment for order flow, plus calendar spread buying power under Schwab.