Education
The strategies you can run,
explained.
Start with the basics
Strikes, expiration, and delta in plain language.
7 DTE Iron Condor
Weekly — about seven trading days to expiration.
How the weekly structure is built and defended.
Expiration payoff · schematic, not to scale · excludes fees
- Structure
- Four option legs, defined risk.
- Duration
- Entered about seven days to expiration.
- Defense
- If a side is tested, the strategy adjusts it instead of closing outright.