This is from a slide from his latest webcast on the OIC site. From http://www.cboe.com/learncenter/webcast/accordent.aspx , click “Dan Sheridan Archives”, then “Dan Sheridan’s Trading Credit Spreads & Condors in a Volatile Market” to view the webcast.
39 days (or so) from expiration
Short strikes around a 10 delta
Profit target is 75% to 80% of Cash Flow (ie, your […]
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If you want to learn how to open an Iron Condor like an expert, be sure to set aside time regularly and watch the free CBOE educational webcasts. Especially the “Dan Sheridan’s Market Maker’s Guide to Income Generation.” It is chock full of real world trades, and rules that work. Here are Dan’s rules for […]
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Posted in Dan Sheridan, Trading Rules, Iron Condors
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