Iron Condor Strategy11 min
Iron Condor Performance: Q2 2025 Review
Evaluating iron condor performance requires more than a single number. Q2 2025 (April–June) brought a specific macro backdrop — a mix of FOMC uncertainty, CPI…
Bernardo Rocha
Tradematic Blog
Options strategies, automated trading insights, and market education.
Market Conditions10 min
What Is Gamma Flip and How It Affects Market Direction
The gamma flip is the price level at which dealer gamma exposure crosses from positive to negative. Above the gamma flip level, dealers act as market…
Bernardo Rocha
Market Conditions10 min
What Is the Expected Move Formula in Options?
The expected move in options is the market's estimate of how far an underlying asset will move — up or down — by expiration. It is calculated directly from the…
Bernardo Rocha
Market Conditions9 min
How to Trade Around CPI Data as an Options Seller
CPI reports move equity markets and spike implied volatility in the hours before release, then produce IV crush after the number is published. For options…
Bernardo Rocha
Market Conditions10 min
How FOMC Meetings Move Options Markets
FOMC meetings move options markets in a predictable pattern: implied volatility rises in the days before the Federal Reserve announcement as traders buy…
Bernardo Rocha
Market Conditions9 min
How Bond Yields Affect Options Premium
Rising bond yields increase the risk-free rate used in options pricing models, which raises call premiums and reduces put premiums all else being equal. For…
Bernardo Rocha
Market Conditions8 min
What Is a Volatility Regime and How to Identify It
A volatility regime is a sustained period during which the market operates at a structurally higher or lower level of implied volatility. Identifying which…
Bernardo Rocha
Broker Specific8 min
How to Get Level 3 Options Approval on Major Brokers
Level 3 options approval is required to trade iron condors and other defined-risk spread strategies at most major brokers. Getting approved requires completing…
Bernardo Rocha
Broker Specific6 min
Webull Options Trading: Iron Condors and Multi-Leg Strategies
Webull offers options trading with competitive fees and a clean interface, but its multi-leg options support is limited compared to dedicated options…
Bernardo Rocha
Broker Specific6 min
Can You Trade Iron Condors on Robinhood?
Robinhood added multi-leg options support, but its capabilities for iron condors remain limited compared to dedicated options brokers. This article explains…
Bernardo Rocha
Broker Specific7 min
IBKR vs Tastytrade for Iron Condors: A Detailed Comparison
IBKR and tastytrade are both serious options brokers — but they serve different types of traders. IBKR optimizes for capital efficiency and professional-grade…
Bernardo Rocha
Broker Specific7 min
Charles Schwab Options Trading: Getting Started with Iron Condors
Charles Schwab supports iron condor trading through its thinkorswim platform, acquired from TD Ameritrade in 2020. Getting started requires Level 3 options…
Bernardo Rocha