When selling an Iron Condor 30 wide with a SHORT Put and Call in the body and the Put and Call wings Long, When attempting to roll if price moves up to breakeven I have a TOS account with advanced settings and all of a sudden. When placing an order to Buy to cover 1 Short Call and Sell 2X the wing and buy 1X long call. the system says cannot safely calculate. I am being advised to break that roll into two trades. This seems ridiculous and only increases trade commissions. Can someone give some insight on this? Am i the only one experiencing this? Is this now a common issue to other TOS option traders?
found out that because Schwab is trying to integrate to their one system. This strategy of Selling Iron Condors and buying one of the legs to exit is not allowed as the logic will not process the trade. me think Schwab wants to get rid of option traders. i guess its time to find another options platform. any suggestions?