Iron Condor - Maximum loss

Discussion in 'Options' started by moolah, Oct 10, 2017.

  1. Kwand8

    Kwand8

    "If AMZN dropped $100 on the open on Monday". Why would I worry about monday. The expiry was today. I know you can get assigned , if price is outside long legs before expiration
     
    #31     Oct 25, 2019
  2. FSU

    FSU

    There is a chance you will be assigned even if your short legs are out of the money. If that happens and the stock moves 100 points on Monday, you would be out (or possibly make) $10,000 for each 1 lot you were assigned on. That's why you should care.
     
    #32     Oct 25, 2019
    Kwand8 likes this.
  3. Kwand8

    Kwand8

    Thank you. All the YouTube videos I've watched on ICs, don't tell you this info
     
    #33     Oct 25, 2019