Tasty-Trade recently published a video episode on trading iron condors. In their episode, they recommended the following strategies for trading Iron Condors:
- Sell the 16 delta call & puts options
- Buy the 5 delta calls & puts options as a hedge
- Close the position when 50%+ of max profit was achieved. Else hold the positions to expiration.
We will show how easy it is to backtest the “Tasty-Trade Iron Condor Strategy” using the OptionStack platform. And how to select the optimal strikes that maximizes your return.
Does the TastyTrade Iron Condor strategy consistently make money? Simply click the “Run Backtest” button below to backtest the Iron Condor strategy.