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Tackle Today: Iron Condors Webinar Tonight!

March 28, 2022

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«They didn’t care about the bear.»

Traders, Coach Tyler here.

It’s Iron Condor day! Tonight’s YouTube webinar will introduce you to the basics of this four-legged options strategy. I want to share how it fared during this year’s market tumble.

Recall we created a monthly system designed around selling condors on the Russell 2000 Index. It’s called Cash Flow Condors. Many strategies suffered during the high volatility bearish episode we experienced throughout the first quarter. Swing trading and directional trades, in particular, were extremely challenging. But do you know what fared just fine during the turmoil?

Iron Condors.

Indeed, we haven’t suffered a losing month with our practice example of the Cash Flow Condors position in a very long time. There are 2 reasons why.

① First, the profit range for the condor based on the way we build it is vast. Prices don’t just have to fall; they have to decline a massive amount for us to lose. And as bad as the decline was, it still wasn’t bad enough to hit the bull put side of our trades.

② Second, when implied volatility spikes, we can expand the profit range even further to compensate for the additional risk in the market. This helped give us even more breathing room. Please, join me for the main event tonight on our YouTube channel. It’s going to be fun.

🛑 Options 101 Webinar Tonight! › Iron Condor for Beginners with Coach Tyler Craig at 8:30 PM EST on YouTube

Join Coach Tyler Craig as he teaches everything you need to know to get started with trading Iron Condors for monthly cash flow. As the architect of Tackle Trading’s Cash Flow Condors system, Tyler brings a wealth of knowledge on the topic and will break down this popular strategy in simple, easy-to-understand terms.

In this webinar you will learn:

✅ What is an Iron Condor
✅ How to Build an Iron Condor
✅ Why Iron Condors Make Money
✅ Best Practices for Trade Management
✅ The Ideal Stock to Use

Video of the Day: How to Hedge Credit Spreads & Iron Condors

Have you ever wondered how to properly hedge a bullish or bearish credit spread or an iron condor? If you’re trading with spreads, you will love this brilliant video.

Chart of the Day: Bitcoin Just Bottomed

Chart of the Day: Bitcoin Just Bottomed

Bitcoin completed an ascending triangle bottoming pattern by blasting through resistance at 45k.

Today’s line up

Traders Lounge 11 AM EST

Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.

Halftime Report 12:30 PM EST

The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day, and fun in a way that only Matt and Tim can deliver.

Weekend Reports

Watch the Stock, Options, Commodity, and Forex Reports to help you prepare for the week.

Tackle Trading: Financial Freedom is a Journey. Sign up now for a 15-day free trial.

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