Iron Condor Defense Tactics with John Summa, Ph.D.

Iron condors are a "high probability" income trade and a favorite with retail options traders. When market conditions are favorable they can deliver consistent profits. When markets become volatile losses can quickly mount, unless you are prepared to respond decisively. John Summa, Ph.D., a.k.a, the "Option Nerd" and a Professor of Economics at the University of Vermont has developed tactics for dealing with unexpected market volatility. Join us for this one-hour presentation and you will learn techniques for managing and adjusting iron condors when the market moves against your iron condor trade.