Anybody trades reverse iron condors with success (otm debit spreads instead of credit one)? What you think aboit this strategy?
Well it is going to be a loser in general for otm puts on stock indexes (since these options are normally significantly overpriced for several reasons including so many equity investors buying protection). But if you have the right timing ahead of major unexpected moves, these would profit. You have to be very selective and hit the timing right on though.