Short Iron Condor
- When? - When the moment of the market is expected between predicted levels (sideway market) and expired between the sell option strike. But possibility of the market will trending.
- Strategy? - Sell a Call option and Put option of predicted level strike. Buy lower strike Put option and higher strike call option.
- Advantages? - Very effective in the sideway market. Losses can be controlled
- Disadvantages? - More margin required
- Max Profit? - Net premium
- Max Loss? - Leg difference - Net premium
- Break-even point? - Lower = Put Sell Strike - Net premium; Upper = Call Sell Strike + Net Premium

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