Foundations
·
10 min
A trade from entry to exit
One long call in SPY, end to end. Thesis, strike, DTE, entry, management, exit. Every step has a decision.
In this lesson
- Step 1: the thesis
- Step 2: position size from max loss
- Step 3: strike selection
- Step 4: DTE selection
- Step 5: order entry
- Step 6: management
- Step 7: the exit rule that was set on day one
Read the full lesson in the app
The complete lesson, with worked examples, callouts, and a quiz to test yourself, is in Iron Condor Options.
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