Test Driving a Modified Iron Condor
Posted on January 13th, 2010 by
Mojo
In tonight’s team meeting we are going to be test driving a new modified 60/40 iron condor. The idea here is that we will be selling lots of implied volatility (premium) and (unlike regular iron condors) we will be expecting to adjust. By selling lots of premium we should have plenty of cash to pay for those adjustments.
As part of this, I will show you how to create and test a new strategy and use some of the new backtesting features (OnDemand) of TOS. I will be using this strategy through 2010.
See you tonight at 730 ET.
Mojo
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Mojo
Biggreycat - 60/40 refers to a lower probability trade that will absolutely demand management.
HTH,
Mojo