After closing the short call wing of my original iron condor, I rolled out the short put wing down one strike and out one week to the April 8th expiry to give it a little more room and a little more time.
I'm just matching that rolled out side with a new call wing to hedge, resulting in an April 8th 1050/1060/1100/1110 iron condor.
Since I rolled out the short put size for a miniscule debit ($4), I'll look to take off the entire setup at 50% max profit or either side when it approaches near worthless ... .
I'm just matching that rolled out side with a new call wing to hedge, resulting in an April 8th 1050/1060/1100/1110 iron condor.
Since I rolled out the short put size for a miniscule debit ($4), I'll look to take off the entire setup at 50% max profit or either side when it approaches near worthless ... .
