eoptionsprofits - advanced options strategy:

The Iron Condor Spread strategy is a neutral strategy. It uses the combination of Bull Put Credit Spread and Bear Call Credit Spread on the same underlying security. This will create a potential to double the credit received over a single credit spread position, thus help to lower the potential risk. Profit is realized if the security remains above the lower break even point or below the upper break even point at expiration. This risk can be controlled by using spreads that further out-of-money.

Using eoptionsprofits proprietary analysis system, combined with volatility prediction, we determine the range where a particular index has 95% of probability to stay within until expiration. Base on further risk/reward analysis, we generate recommended trades. Depending on timing and market condition, bull put credit spread and bear call credit spread might be entered at different times to optimize credit received. There is maximum one iron condor spread recommendation to be issued for each expiration month and only on index options.