[TheOptionClub.com] Re: iron condor adjustments

 

Hi
Have a look at:
breakthroughbacktesting.com
There is plenty about back testing Iron Condors on that site. Including a spread sheet.
Stan

--- In OptionClub@yahoogroups.com, "Pats-fan" <bmaltz@...> wrote:
>
> I am back testing iron condors to learn more about trading them and was wondering if it is practical to adjust them. I thought it might be, but my analysis seems to indicate that it is not because, the cost of the adjustment eats up a large potion of my potential profit and leaves me with a position that is not practical to adjust any further, should the need arise.
>
> In my test, the following IC in the SP500 was opened on 26 Feb:
>
> +940P-960P-1195C+1220C for a 1.7pt credit
>
> On 2 Apr, the following adjustment was made:
>
> +1195C-1205C-1210C+1250C for a 0.55 debit
>
> AS of today, this adjustment would still not have protected me from a large loss, given the large mode made by the S&P 500 over the lat 2 months.
>
> So, is this an isolated circumstance, or are iron condors not really adjustable?
>
> Thanks,
> Ben
>

__._,_.___

Reply to sender | Reply to group | Reply via web post | Start a New Topic

Messages in this topic (2)

Recent Activity:

• New Members 11
• New Links 6

Visit Your Group

The goal of TheOptionClub is to provide a forum for members to work together for the purpose of furthering our individual understanding option trading.  All messages and postings, and any materials circulated are provided for discussion and educational purposes only.  No statement contained in any materials from TheOptionClub should be considered a recommendation to buy or sell a security or to provide investment, legal or tax advice.  All investors are encouraged to consult a qualified professional before trading in any security.  Stock and option trading involves risk and is not suitable for most people.  There is no guarantee that any information provided is accurate and, may in fact, be wrong.  It is understood that the participants in TheOptionClub have varying backgrounds and degrees of experience in option trading, and that regardless of experience each member is considered a student.  As such, any information distributed through TheOptionClub should be considered with a critical mind and not relied upon as an authoritative source.

To unsubscribe from TheOptionClub, send an email to:
OptionClub-unsubscribe@yahoogroups.com

Switch to: Text-Only, Daily Digest • Unsubscribe • Terms of Use

.

__,_._,___