Curated path
Iron Condor fast track
The shortest path to the signature trade. Nine lessons pulled from the four tracks, in the order that gets you there fastest.
9 lessons · about 87 min
- 01 Foundations Calls, puts, and how to read a chain Two contract types, four fields in a quote, two components of premium, three states of moneyness.
- 02 Foundations The payoff diagram at expiration A curve that reads max profit, max loss, and breakeven at a glance. Same shape across thousands of strategies.
- 03 Mechanics The long call, deep When a long call is the right tool, how to pick the strike, how to size it, and the one trap that costs beginners more than direction ever does.
- 04 Mechanics The long put, deep The mirror of the long call, mechanically. Pricing skew, hedging use, and the cost of running a permanent insurance policy.
- 05 Mechanics Bull put spread (credit) Sell premium with a defined-risk floor. The neutral-to-bullish income trade that pays you on day one.
- 06 Greeks Delta in detail Direction sensitivity, probability proxy, hedge ratio. Three jobs in one number, with the same range across every chain.
- 07 Greeks Theta in detail Time decay, day by day. Not linear, not symmetric across strikes. The Greek that quietly funds the short premium business.
- 08 Greeks How each Greek evolves over an option's life Greeks are not constants. Each one changes shape as expiration approaches, and the changes interact. Sense for the dynamics beats memorising a single snapshot.
- 09 Mechanics The iron condor A bull put spread and a bear call spread stacked on the same underlying. Defined-risk neutral premium selling. The named product after this app.