What's better 90% Probability or 70% Probability Iron Condors and Credit Spreads?
Executive Summary: There are many index iron condor & credit spread
options advisory newsletters on the market today. Iron condors & credit
spreads are popular because they are easy to understand and they generate income
of 6% to 10% ROI per month. Most iron condor newsletters either recommend
70% probability trades or 90% probability trades. This article proposes a more
thorough methodology to analyze the risk of each approach, discusses the pros
and cons, and attempts to dispel possible misinformation.