Weekly Iron Condor Trade #3
Posted by Mark on July 15, 2015 at 07:13 | Last modified: July 16, 2015 11:18On June 17, 2015, I placed my third weekly iron condor (IC) trade. I placed this order $0.025 better than the midprice at 10:56 and caved $0.05 after one minute (filled at the then mark).
The market traded up over the next few days but then pulled back, which allowed the trade to expire worthless.
This position made 5.4% in eight trading days.
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