Mastery
·
11 min
Adjusting a tested iron condor
A concrete playbook for the most common short premium scenario. Numbers, choices, expected outcomes. The same logic generalises to most multi-leg adjustments.
In this lesson
- The starting position
- Choice 1: close the position
- Choice 2: roll the tested side out and down
- Choice 3: roll the untested side closer
- Choice 4: hold
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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