Hi Tom,
In my opinion, iron condors can indeed be a conservative options strategy especially with the following three caveats in mind: 1. Make sure the sold call on both sides of the condor are quite far out of the money, 2. find a range-bound stock or ETF without too much volatility, and 3. keep you commissions rock-bottom low. Hope this is useful to you.
Michael
www.safe-options-
--- In ConservativeOptionS
>
> Are Iron Condors considered enough of a conservative strategy for
> discussion here?
>
> If so than I can only assume that some readers of this group may use
> IC's. I am considering expanding my use of options to include Iron
> Condors and I'm looking for a mentor. I'm not looking for someone to
> teach IC's, I've got the general idea, I just want someone with whom
> I can bounce trade ideas off of and who might just keep me form going
> off the deep end. All of this would be off-line from the group. If
> interested drop me a private email.
>
> Thanks
>
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