Tradematic Blog

Options strategies, automated trading insights, and market education.

TD Ameritrade options trading interface with iron condor order on dark navy background
Broker Specific7 min

How to Trade Iron Condors on TD Ameritrade

TD Ameritrade's thinkorswim platform supports iron condor order entry directly. You can build all four legs as a single combined order, review the net credit…

Bernardo Rocha
thinkorswim options chain interface shown on dark navy background
Broker Specific7 min

How to Trade Iron Condors on thinkorswim

thinkorswim supports iron condor order entry natively, allowing traders to build and submit all four legs as a single order. This guide walks through the exact…

Bernardo Rocha
Comparison table of options brokers on dark navy background with financial data
Broker Specific5 min

Best Brokers for Options Trading in 2025: Updated Rankings

The best brokers for options trading in 2025 depend heavily on what you plan to trade. For multi-leg strategies like iron condors, the list narrows quickly —…

Bernardo Rocha
Iron condor max loss scenario diagram showing breach of short strike
Risk Management8 min

What Happens If My Iron Condor Hits Max Loss?

Every iron condor has a maximum loss defined at the moment you enter the trade. That number is fixed, known, and does not change. This is one of the defining…

Bernardo Rocha
Options assignment risk diagram for iron condor short strikes
Iron Condor Strategy8 min

What Is Assignment Risk in Iron Condors?

Assignment risk is the possibility that an option holder will exercise their option, forcing you (as the option seller) into a stock or cash position you…

Bernardo Rocha
Theta decay curve showing accelerating time value erosion for iron condor sellers
Iron Condor Strategy9 min

How Theta Decay Benefits Iron Condor Sellers

Theta decay is not an edge in itself — it's a mechanism. The edge comes from understanding how that mechanism works in an iron condor and positioning correctly…

Bernardo Rocha
Weekly iron condor expiration calendar with theta decay curve
Iron Condor Strategy8 min

Iron Condors with Weekly Expirations: A Practical Guide

Weekly options expiration cycles changed how income traders approach iron condors. Before weekly options became widely available, most iron condor traders…

Bernardo Rocha
0DTE options expiration chart showing same-day time decay
Options Education8 min

What Are 0DTE Options and Are They Worth the Risk?

0DTE options — zero days to expiration — are options that expire on the same day they're traded. They've grown from a niche tool used by experienced traders…

Bernardo Rocha
SPX vs SPY comparison for iron condor options trading
Iron Condor Strategy8 min

SPX vs SPY for Iron Condors: Which Is Better?

SPX and SPY both track the S&P 500. For most investors, they're interchangeable. For options traders running iron condors, the differences are meaningful —…

Bernardo Rocha
Iron condor on SPX index options chart
Iron Condor Strategy8 min

Iron Condor on SPX: Why It's the Most Popular Underlying

SPX options are the most actively traded options in the world, and iron condor traders have a specific set of reasons to prefer them over alternatives like…

Bernardo Rocha
Chart showing VVIX index and VIX index over time with annotations
Market Conditions7 min

What Is VVIX and Why Options Sellers Should Track It

What Is VVIX and Why Options Sellers Should Track It VVIX is the volatility of volatility index. If the VIX measures how uncertain the market is about future…

Bernardo Rocha
Performance report showing trading strategy metrics including Sharpe ratio, drawdown, and monthly returns
Automated Trading8 min

How to Read a Trading Strategy's Performance Report

How to Read a Trading Strategy's Performance Report A trading strategy performance report contains specific metrics that, read correctly, tell you whether a…

Bernardo Rocha