Recent content by Almanac

I've been trading Iron Condors on the SPY for over a year. Every month, 40 days before expiration, I sell contracts that are 15% OTM and then close them out 10 days prior to expiration. This strategy has been netting me a tidy profit until October. When the market tanked, I was well in the...

I've been trading Iron Condors on the SPY for over a year. Every month, 40 days before expiration, I sell contracts that are 15% OTM and then close them out 10 days prior to expiration. This strategy has been netting me a tidy profit until October. When the market tanked, I was well in the...