Iron Condor Strategy7 min
How to Set Alerts for Your Iron Condor Positions
To set alerts for iron condor positions, configure four triggers per trade: a price alert when the underlying reaches 50% of the distance to a short strike, a…
Bernardo Rocha
Tradematic Blog
Options strategies, automated trading insights, and market education.
Platform Reviews7 min
Best Options Scanners for Finding Iron Condor Setups
The best options scanners for iron condor setups filter by IV rank, liquidity, DTE, and delta. Platforms like Tastytrade, Thinkorswim, and Market Chameleon…
Bernardo Rocha
Options Education8 min
What Is a Broken Wing Butterfly Options Strategy?
A broken wing butterfly is an options strategy that modifies the standard butterfly spread by widening one wing — either to collect a credit at entry or to…
Bernardo Rocha
Iron Condor Strategy9 min
Iron Condor Historical Performance: What the Data Shows
The iron condor is one of the most studied options strategies in retail trading. Decades of published research give us a reasonably clear picture of how it…
Bernardo Rocha
Iron Condor Strategy8 min
How to Backtest an Iron Condor Strategy
Backtesting is how traders validate a strategy before putting real capital at risk. For iron condors — a defined-risk options strategy that profits when the…
Bernardo Rocha
Options Education8 min
What Is the 21 DTE Options Management Rule?
The 21 DTE rule is a time-based exit rule for options positions: close any open options position at 21 days to expiration if neither a profit target nor a…
Bernardo Rocha
Options Education8 min
What Is the 45 DTE Options Strategy?
DTE stands for Days to Expiration — the number of calendar days remaining until an options contract expires. The 45 DTE entry rule is the most widely cited…
Bernardo Rocha
Iron Condor Strategy8 min
Iron Condor Entry Timing: Morning vs Afternoon
When you enter an iron condor, the amount of premium you collect and the quality of your fill depend in part on when you place the order during the trading…
Bernardo Rocha
Options Education7 min
Can You Trade Iron Condors in an IRA?
Yes — you can trade iron condors in an IRA. Iron condors are defined-risk spreads, meaning their maximum loss is strictly bounded by the width of the spread.…
Bernardo Rocha
Options Education7 min
What Is Portfolio Margin and Should You Use It?
Portfolio margin (PM) is a risk-based margin methodology that calculates requirements based on the actual risk of your overall portfolio, not fixed…
Bernardo Rocha
Broker Specific6 min
How to Enable Options Trading on Tradier Step by Step
To trade iron condors on Tradier and connect to Tradematic — an automated iron condor trading platform — you need Level 3 options approval. Tradier's Level 3…
Bernardo Rocha
Broker Specific6 min
How to Enable Options Trading on Tastytrade Step by Step
To trade iron condors on Tastytrade and connect the account to Tradematic — an automated iron condor trading platform — you need spread trading approval (the…
Bernardo Rocha