The Unbalanced Condor: The Unsung Option Strategy
An Unbalanced Condor; this is a trade strategy that is not well known. I’m sure it’s been around for a while, but for some reason it hasn’t caught on as popular. I’ve been studying options for numerous years now and took many popular courses that can be found on the internet. I spent nearly $50,000 on my options education, but I find it intriguing and a little misleading that most option courses don’t teach this strategy.
Perhaps after her I write this article others will begin to investigate this technique, and I hope they do, this should be one of the most used option strategies by retail investors. Someday perhaps it will be as the word spreads about the wonderful qualities of this option spread.
For example, how would you like to trade options in a circumstance where it’s nearly impossible to lose money in one direction, and in the other direction, there is nearly a 100% guarantee that you will make money? Doesn’t that sound ideal? And what if I told you that you can also make money on this trade if the market does not move? On paper this looks like the perfect strategy. It would seem there is no way to lose.
Well, it is possible to do lose something on this trade, and actually, you can lose quite a bit on this trade just like any other option strategy, but only if you do not know what you’re doing. If you get too aggressive and try to make money too fast with it, you can also lose with it. The secret to the Unbalanced Condor is learning to be a patient trader. Once you master the patience and the simple adjustments that go along with this spread, then it’s really hard to lose on this trade. I think you’ll find that your worst-case scenario would result in about a 1 to 2% loss.
At San Jose Options Mentoring, you’ll find experts on this strategy; it’s one of their specialties. At this current moment, I don’t know of any other courses out there that teach this strategy at all. They’ve been developing and redefining this strategy over the years and have developed ways to lock in profits on this strategy as they come. They have developed ways to manage this trade over different types of markets, ways to neutralize the Vega position on this trade while maximizing Theta. They call this trade the “Revolver” for its qualities to combat the stock market.
To learn the ins and outs of this unsung strategy, look to San Jose Options as not only the best course offered, but the only course offered! We have hundreds of recorded sessions on this strategy along with written, step by step instructions with all you need to know about this unique, low-risk trade. To learn what Maximum Safety and Maximum Reward option trading is all about, then your only choice is San Jose Options.
Don’t be an ordinary Option Trader! Learn how to trade the Unbalanced Condor with San Jose Options.
Filed under Financial by .