A good summary of the various management target for the various option strategies.
Tag: managed at 50%
Managing IC and Strangles at 50%
TastyTrade discussed how can iron condors be profitable a while back. This is a refresher. Spotted new info as well! Managing 1 std dev strangles at 50% increases their success rate to a whopping 92%!
Managing Wide Iron Condors at 50%
Managing wide iron condors (20 pts wide) at 50% profit is most efficient.
How Long Iron Condors Take to Hit 50%
20-delta Iron Condors hit 50% of initial credit collected the quickest (close to 21 days). However, they give the least amount of credit.
How Can Iron Condors Make Money?
Iron condors works because taking profits at 50% increases the win rate dramatically.
Managed Early and High IVR for Iron Condor
When selling Iron Condor at 50% width of strikes, profitability increases when managed at 50% and IVR>35.
How to Manage Iron Condor
Generally, manage Iron Condor at 50% or hold to expiration whichever comes first.
For wider Iron Condor (50pts wide) or naked options, manage at 50% or close at 2x credit received whichever comes first.
Full video here
Strangles During a Selloff
During a selloff, stick to selling underlying IVR > 50 and managed early.
Strangles During Low IV
Trading 1SD Strangle on SPY is still profitable when IVR<50.
Strangle Strategy for Indices
2 SD strangle is a viable strategy for indices SPX, NDX and RUT when IV > 50%, manstaged at 50%.
20 Percent Freedom 