I’m opening an Iron Condor on Ford ($F) with expiration on Friday, August 1st, 2025. The trade is based on the daily chart, using visible support/resistance levels to define the range. I selected strikes with approximately 0.15 delta on each side, giving the setup a high probability of success.
🔹 Total premium collected: $7 per contract
🔹 Stop loss: Defined at 50% of the premium collected (~$3.50)
🔹 Trade logic: We want $F to stay within the range throughout the week to let theta do its job.
🔹 Exit plan: If the price approaches either short strike, I will consider exiting at break-even or take a controlled loss.
This is a non-directional options strategy designed to benefit from time decay and low volatility. The setup is ideal for sideways price action, with no major catalysts expected during the week.
🎯 Target: Full profit if price stays within range until expiration.
❌ Stop: Exit if the price threatens any wing – max loss capped at 50% of the premium received.
This trade combines high probability with well-defined risk and is perfect for consistent weekly income when the market shows indecision or chop.
🔹 Total premium collected: $7 per contract
🔹 Stop loss: Defined at 50% of the premium collected (~$3.50)
🔹 Trade logic: We want $F to stay within the range throughout the week to let theta do its job.
🔹 Exit plan: If the price approaches either short strike, I will consider exiting at break-even or take a controlled loss.
This is a non-directional options strategy designed to benefit from time decay and low volatility. The setup is ideal for sideways price action, with no major catalysts expected during the week.
🎯 Target: Full profit if price stays within range until expiration.
❌ Stop: Exit if the price threatens any wing – max loss capped at 50% of the premium received.
This trade combines high probability with well-defined risk and is perfect for consistent weekly income when the market shows indecision or chop.
Note
Stay tuned! I’ll be posting a full update on how this trade played out — win or lose, with full transparency. The goal is to build consistency and share real-world execution, not just theory.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.