Mastering High Probability Iron Condor Options Trading
3.9 (20 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
1,070 students enrolled
Wishlisted Wishlist

Please confirm that you want to add Mastering High Probability Iron Condor Options Trading to your Wishlist.

Add to Wishlist

Mastering High Probability Iron Condor Options Trading

Live Trade Session - Setup, Adjust and Repair a Iron Condor, Unbalance Iron Condor. The Non Directional Options Strategy
3.9 (20 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
1,070 students enrolled
Created by Winston Wee
Last updated 6/2017
English
English
Current price: $10 Original price: $200 Discount: 95% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 2 hours on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Be a expert in trading Iron Condor
View Curriculum
Requirements
  • Have basic options knowledge
  • Has taken my Options 101 Course
Description

Watch the Live Trade Session

The Most Popular Options Trading Strategy is the Iron Condor

Iron Condor is a Non Directional Options Trading Strategy. It consist of 2 Credit Spread. A Call Credit Spread and a Put Credit Spread. The strategy make money if the market remain range bound between the 2 short strike hence it is a non directional play.

But there is a lot of element in place in the Iron Condor. There is high probability and low probability iron condor. It doesn't mean a high probability iron condor will be better then the low probability iron condor. The risk is different. The adjustment strategy is different.

What about volatility, should we be concern about the volatility level when we are doing a Iron Condor. Understanding that we are selling volatility in a Iron Condor, we prefer to sell in a high volatility environment.

What happen when trade went wrong, do we take the full loss of a Iron Condor if not how do we adjust our trade and minimize our losses. Likewise do we wait for expiry to capture all the potential profit or should we set a level to take profit.

This are all critical question to ensure one success to trading a Iron Condor.

And in this course you will learn all about it. From setting up a trade, to managing it winner and adjusting a bad trade.

There is only 1 objective in the course that is to help you to success and make Money

Who is the target audience?
  • Learn all about Iron Condor
  • How to adjust Iron Condor
Compare to Other Options Trading Courses
Curriculum For This Course
22 Lectures
01:45:36
+
Introduction
2 Lectures 03:34
+
Introduction to Iron Condor
4 Lectures 19:50


The Junk Leg of Iron Condor
04:50

High Probability or Low Probability Iron Condor
05:50
+
Iron Condor Action Plan
4 Lectures 27:17
Selecting the Short Strike of a Iron Condor
09:26

Number of Contract for Iron Condor and Adjusting Iron Condor
11:23

2nd Type of Iron Condor Adjustment - Rolling to the Next Expiry Month
03:55

+
Other Variation of Iron Condor
2 Lectures 15:54
Short Strangle Iron Condor - Entry and Adjustment
09:13

Unblanced Iron Condor
06:41
+
Bonus Section
3 Lectures 14:30
The Importance of Volatility in Iron Condor
04:15

Avoid Big Market Moving Event
03:27

Taking Profit and Taking Loss on your Iron Condor
06:48
+
Live Trade Session
6 Lectures 23:06
22 May 2017 - Live Trade SPY
08:05

26th May 2017 Trade Update - Call Side Stop Out
01:42

5th June 2017 - Iron Condor Call Adjustment
03:07

9th June 2017 - Trade Update
03:52

29th June 2017 - End of Live Trade
04:08

Summary of Iron Condor Live Trade
02:12
About the Instructor
Winston Wee
4.2 Average rating
545 Reviews
13,257 Students
22 Courses
Internet Marketing Specialist

My Name is Winston,

I am a online marketer and a investor. I have been trading options since 2004 and have more than a decade of trading experience. I have been thru the up and down of trading including the 2008 October crisis and the flash crash in May 2011. I am mainly a options seller most of my trading strategy is to benefit from time decay. I do buy options occasionally.

I have been in the online business since 2005. I have been actively involved in Online Business. I own a successful Ebay business which I am still running. I own 3 website that has high traffic and I have a couple of youtube channel that has thousand of view daily.

Over the year Internet has make many big changes. Website that get rank today is derank tomorrow when Google released a new update. As a Internet businessman one has to be able to stay up to date with technology.

I have been keeping myself up to date. And when I know a subject well. I am very good at it.