Combat Today’s Markets With The Unbalanced Condor
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.
Hopefully, since you are reading my article, it will inspire you and others to begin their own investigations into this technique. I personally think the Unbalanced Condor should be the most used strategy for retail investors. I hope 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.
Sadly, it is completely possible to lose on this trade. In fact, if you don’t know what you’re doing, you can lose a lot, especially if you’re trying to make a lot of money fast, and are too aggressive with it. Being a patient trader is the secret to the Unbalanced Condor. Once you’ve mastered the patience and the simple adjustments that go along with the spread, it becomes really hard for you to lose on this trade. Your worst-case scenario would probably result in a one to two percent loss.
We are proud to say San Jose Options is an expert on this strategy. It’s one of their specialties and, currently, I am unaware of any other course that teaches this strategy at all! They’ve been developing and redefining this strategy over the years and developed ways to manage this trade over different types of markets along with ways to lock in our profits as they come. They teach ways to neutralize the Vega position on the trades while maximizing the Theta. They fondly refer to this strategy as the “Revolver” since it can be used to combat any market.
If you want to learn all of the nuances of this rarely talked about strategy, then San Jose Options is your only choice to do so. We have hundreds of recorded classes on this strategy as well as written, step by step instructions with everything you need to know about this unique, low-risk, nearly unheard of option trade. When you are ready 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.
July 4, 2010 | Posted by Donald Scott
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