I guess some people just lack some basic people skills and basic intelligence. They hide behind their anonymity to insult people who just trying to help. They think they know everything - the truth is they know nothing.
Oops, sorry, 30%. That means you'll be stopped out 1 in 3 times, but only get a return of 1:2.5...if held to expiry, less if you close early. Nevermind the volatility you'll be buying back if that kind of move does materialize.
You don't trade, you're in sales, understand the difference? I am amature trader but my team developed the programs for option chains and exchange generated spreads at the exchange. But that would be way over your head.
Can't I think both sides of that trade are bad trades? Also, 10% moves that would have stopped you out would have happened about half the time during the last 3 years. And you might want to be a bit more deferential to Kim--or at least read up some of what he's written. No one is here to stop you from taking a bad trade--just offering up words of caution if you want to.
Actually I have been trading for 15 years, in the last 5 years as a full time professional options trader. I already forgot what you still don't know.
You are making an assumption both sides of an iron condor is held to a specific date. You know that each side of a iron condor is closed individually. And hopely at a profit. Your stand is goog will drop 20% in 2 months or less. You should take that trade and prove me wrong with real money. Since your so convinced put on a synthetic, it'll cost nothing.