Sky view Trading: Iron Condor Trade setup

3CD14AE0-572E-4A44-B758-CBC53A65B53B.jpeg

I watched a very good video by Skyview trading on their YouTube channel. This video explains how you set up an iron condor, a type of options spread which is a high probability trade that combines two low premiums from two high probability trades to get the best of probability and profitability.

The video explains strike selection using probability of closing in the money. It explains how premium is calculated, maximum profit, maximum loss and your break evens.

The presentation is very balanced because it reviews what happens when things go right, and what happens when things go wrong.

The presentation does a very good job of showing how to use the Think or Swim option trading platform and shows you how it displays all the essential information.

The pictures below are examples of the graphics in this video.

06521503-5110-47FC-98DE-288A7E4E1A95.png

F959BB85-CFE9-45DA-9698-EEA0EC1CCA64.png

3502D976-75F3-4F55-888A-77A7E528CA69.png

Pictures are all by graphics created by Skyview Trading.

Conclusion:

I thought it was a great video because the content is very accurate and concise. The narrator is clear and easy to follow. The music and animation are very good. I think this is a perfect training video for these reasons.
I think Skyview Tradings beginner videos are outstanding. I rate this one a 4.75 out of 5.0.

✍️ By Shortsegments

F5BD76F3-303F-4040-BF7D-6E776E32933C.jpeg

B9929C5C-C68B-4224-80DD-6B47B35EC603.jpeg

22BFDC13-4D71-4AE0-8A04-462F7E849E8F.gif

Sort:  

Congratulations @shortsegments! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 80000 upvotes. Your next target is to reach 85000 upvotes.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

You can upvote this notification to help all Steem users. Learn how here!

!BEER
!shop

你好鸭,shortsegments!

@eii给您叫了一份外卖!

@annepink 萍萍 迎着大雪 踩着滑板 给您送来
卡姐的温暖牌爱心早餐

吃饱了吗?跟我猜拳吧! 石头,剪刀,布~

如果您对我的服务满意,请不要吝啬您的点赞~
@onepagex


You lose! 你输了!不给我点赞,你就再吃我一拳~



Hey @shortsegments, here is a little bit of BEER from @eii for you. Enjoy it!