I would like to put on my 1 st live trade and have some questions. This would be my trade Iron Condor -SPX (48 days) 10 Feb. 1190 CALL 10 Feb. 1200 CALL 10 Feb. 1000 PUT 10 Feb. 990 PUT CREDIT 2.10 Basically , as I understand with the SPX at 1115 , the SPX would have to move 75 points up or the DOW would have to move 800 points up in 48 days to see a loss or the SPX would have to move down 125 points or the DOW would have to drop over 1300 points for me to lose on the downside. I know I won't get filled at 2.10 , but lets say 1.95. My risk reward is roughly 4 to 1. 1-- As I explained , are my numbers right? What am I missing? I don't see how I could lose except if a nuclear war breaks out.