Anatomy of a Trade - April 9, 2018 - Two High Tech ICs




The tastytrade network show

Summary: 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)!