Nothing much has changed this week in terms of my view regarding where to set up the strikes for short call verticals for SPY (short leg at 213/long leg at 216-7) either as a stand-alone strategy or as part of legging into an Iron Condor. For the short put vert end of things, I'm generally relying on the software to guide me there, with the short put strike at or about 83% POP and the long put strike 4 strikes out from that with expiries as close to 45 DTE as practicable.
DIA, IWM, and QQQ have similar sweet spots for setting up short call verticals or the short call vertical of an Iron Condor. I am generally going with the index that has the highest IVR (Dough 6-months) for my weekly, mechanical iron condor, but may put on IC's in more than one if the IVR remains high and as buying power permits.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.