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
Thank you!