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#iron-condor-strike-selection

Chart showing put skew volatility smile with higher implied volatility on OTM puts versus OTM calls and its effect on iron condor strike selection
Market Conditions7 min

What Is Put Skew and How It Affects Iron Condor Strike Selection

Put skew is one of the most consistent structural features of equity index options. If you've noticed that the put side of an iron condor collects more premium…

Bernardo Rocha
Iron condor short strike delta selection guide comparing 5-delta 10-delta and 16-delta strike placement showing trade-offs between premium collected probability of profit and risk management for iron condor strategy
Iron Condor Strategy6 min

What Is the Best Delta for Iron Condor Short Strikes?

The best delta for iron condor short strikes is 10–16 for most systematic strategies. This range balances premium collected against probability of profit,…

Bernardo Rocha