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A Rough Formula for Calculating the Success Odds of Your Iron Condor

Really exciting title, huh? Anyway, several members have asked about this recently, so there are probably more of you out there who are interested.

The Best Time to Trade Iron Condors, Part 2: Ignore the Trend

As we look ahead through 2008, it seems increasingly likely that the U.S. economy is going to fall into recession, and many of our readers have been asking whether our strategy is appropriate for a bear market. One of the most common assumptions people make is that it’s better to trade condors in low volatility, non-trending environments. This is an understandable assumption.

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