1. TRADING COURSE www.optionstradingiq.com
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2. DISCLAIMER
Any information contained in this presentation is for educational purposes only. Neither IQ Financial Services, LLC, Gavin McMaster nor its subsidiaries nor any of their respective officers, employees, representatives, agents or independent contractors are licensed financial advisors, registered investment advisors, or registered broker dealers. Neither do they provide investment advice, financial advice or make investment recommendations and they are not in the business of transacting trades. Nothing in this communication constitutes a solicitation, recommendation, promotion, endorsement or offer to buy or sell by IQ Financial Services, LLC or other described above of any particular security, transaction or investment.
Any trades and / or results covered in this presentation may or may not be live trades.
All trades and trading results are believed to be accurately presented. However, since the trades may not have been executed in the market, the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Therefore there can be no guarantee of accuracy or completeness.
The risk of loss in trading securities and options in particular can be substantial. Customers must consider all relevant risk factors, including their own personal financial circumstances, before making any financial transaction. Options involve risk and are not suitable for all investors. See the Options Disclosure Document: Characteristics and Risks of Standardized Options, available from
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3. OUTLINE 3 Strategies A Little Bit of Theory Guidelines TRADING PLANS
Preparation
This Week 3
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4. 3 STRATEGIES Iron Condor Bearish Butterflies Diagonal Condor 4
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5. WHAT IS AN IRON CONDOR? 5
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6. PROBABILITY 6
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7. WHAT IS AN IRON CONDOR? 7
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8. WHY TRADE IRON CONDORS? Consistent Monthly Income High Probability
Easy To Manage
Avoids Overtrading
Non-Directional
Short Vega 8
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9. BEARISH BUTTERFLY Low Maintenance Allows You To Scale In
Does Well In Most Markets 9
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10. INITIAL POSITION 10
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11. INITIAL PAYOFF GRAPH 11
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12. DIAGONAL CONDOR Reduced Vega Exposure Profit Tents
6 Strikes Rather Than 4
Commission Intensive 12
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13. DIAGONAL CONDOR 13
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14. DIAGONAL CONDOR 14
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15. DIAGONAL CONDOR Adjusting the Puts 15
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16. DIAGONAL CONDOR 16
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17. GUIDELINES Allocations 17
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18. GUIDELINES
Greeks 18
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19. TRADING PLANS 19
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20. PREPARATION Set Up Trading Log / Journal Paper trade – Min. 3-6 months20
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21. THIS WEEK Opening Trades Trading Log 21
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22. THANK YOU! www.optionstradingiq.com
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