Iron Condor Strategy Creation for Hedged Margin Benefit

This thread will discuss steps to create Iron Condor Strategy with Hedged Margin Benefit, where:

• We Buy the OTM Call and OTM Put hedge positions first to get margin benefit.
• We Sell Straddle or a Strangle after the hedge is already bought, to get margin benefit.
• We make sure to follow steps to exit the Short positions first when squaring off.
• We square off the hedges bought only after the short positions have already been squared off

Set 1 Entry:

Set 1 Exit:

Set 2: Entry

Set 2 Exit:

Universal Exit:

Also, please check the below video:

Updated on: 29/09/2022