The tastytrade network

Tom and Tony take a look at research the team conducted on 2 [standard deviation](https://www.tastytrade.com/tt/learn/standard-deviation) index strangles to see whether the high potential success rate was historically worth the outlier risk. The team analyzed: * SPX & RUT * 2005 - Present * Simulated: * 2 standard deviation [Strangles](https://www.tastytrade.com/tt/learn/strangle) (2.5 delta each leg) * 1 [delta](https://www.tastytrade.com/tt/learn/delta) strangles each leg * [Managed](https://www.tastytrade.com/tt/learn/managing-winners) all trades at 50% or held to [expiration](https://www.tastytrade.com/tt/learn/expiration) As expected, the trades have an extremely high historical success rate. However, the average P/L is rather low given the amount of risk taken for each trade and the amount of buying power required. Tune in for Tom and Tony's personal takeaways!

Tom and Tony take a look at research the team conducted on 2 [standard deviation](https://www.tastytrade.com/tt/learn/standard-deviation) index strangles to see whether the high potential success rate was historically worth the outlier risk. The team analyzed: * SPX & RUT * 2005 - Present * Simulated: * 2 standard deviation [Strangles](https://www.tastytrade.com/tt/learn/strangle) (2.5 delta each leg) * 1 [delta](https://www.tastytrade.com/tt/learn/delta) strangles each leg * [Managed](https://www.tastytrade.com/tt/learn/managing-winners) all trades at 50% or held to [expiration](https://www.tastytrade.com/tt/learn/expiration) As expected, the trades have an extremely high historical success rate. However, the average P/L is rather low given the amount of risk taken for each trade and the amount of buying power required. Tune in for Tom and Tony's personal takeaways!

Anyone with even an elementary [understanding of statistics](https://www.tastytrade.com/tt/shows/from-theory-to-practice/episodes/supercharged-statistics-03-30-2017) has most likely heard the term “Z-Score” at one point or another. When it comes to something as [universal and ubiquitous as the Normal Distribution](https://www.tastytrade.com/tt/shows/from-theory-to-practice/episodes/from-theory-to-practice-04-05-2016), Z-Score analysis is inextricably linked to this distribution and all of its properties. Specifically, a Z-Score measure captures the distance that a certain observation might be from the average, or mean, of the distribution. As traders who are constantly [monitoring the ranges and standard deviations](https://www.tastytrade.com/tt/shows/from-theory-to-practice/episodes/expected-move-differentials-05-31-2017) surrounding a given stock price, the importance of a Z-Score cannot be denied.

Anyone with even an elementary [understanding of statistics](https://www.tastytrade.com/tt/shows/from-theory-to-practice/episodes/supercharged-statistics-03-30-2017) has most likely heard the term “Z-Score” at one point or another. When it comes to something as [universal and ubiquitous as the Normal Distribution](https://www.tastytrade.com/tt/shows/from-theory-to-practice/episodes/from-theory-to-practice-04-05-2016), Z-Score analysis is inextricably linked to this distribution and all of its properties. Specifically, a Z-Score measure captures the distance that a certain observation might be from the average, or mean, of the distribution. As traders who are constantly [monitoring the ranges and standard deviations](https://www.tastytrade.com/tt/shows/from-theory-to-practice/episodes/expected-move-differentials-05-31-2017) surrounding a given stock price, the importance of a Z-Score cannot be denied.

Opening Bell - April 9, 2018

Opening Bell - April 9, 2018

Implied Volatility has returned following the market movement in February. This has provided opportunity to sell higher premium in Iron Condors. But both of our Iron Condor positions in FB and AAPL were challenged due to the greater market volatility. How did we handle that? On Feb 1st, we put on a neutral [Iron Condor](https://www.tastytrade.com/tt/learn/iron-condor) in FB after the [earnings](https://www.tastytrade.com/tt/learn/earnings) and right before the market correction, hoping that the market would stay as quiet as we had seen in the past years. And on Feb 12th, we put on another Iron Condor in AAPL after the correction. Both positions didn’t go well due to the greater market volatility, but we were able to manage them and close them as winners. Tune in for the full breakdown in [trade management](https://www.tastytrade.com/tt/learn/defending-positions)!

Implied Volatility has returned following the market movement in February. This has provided opportunity to sell higher premium in Iron Condors. But both of our Iron Condor positions in FB and AAPL were challenged due to the greater market volatility. How did we handle that? On Feb 1st, we put on a neutral [Iron Condor](https://www.tastytrade.com/tt/learn/iron-condor) in FB after the [earnings](https://www.tastytrade.com/tt/learn/earnings) and right before the market correction, hoping that the market would stay as quiet as we had seen in the past years. And on Feb 12th, we put on another Iron Condor in AAPL after the correction. Both positions didn’t go well due to the greater market volatility, but we were able to manage them and close them as winners. Tune in for the full breakdown in [trade management](https://www.tastytrade.com/tt/learn/defending-positions)!

Daily Dose - April 9, 2018 - Will Earnings Turn the Market Around?

Daily Dose - April 9, 2018 - Will Earnings Turn the Market Around?

Forward Slash - April 9, 2018 - Market Tone Change

Forward Slash - April 9, 2018 - Market Tone Change

Confirm and Send - April 9, 2018 - Using P50 on tastyworks

Confirm and Send - April 9, 2018 - Using P50 on tastyworks

tastytrade LIVE - April 9, 2018