SPY

This article has been in the blog's draft section for a couple of months and as it still bears some useful information I decided to publish as it is with little comments at the end. On August 13, 2019 I made my first Iron Condor trade - I sold following IC SPY AUG 14'19 294 / 284 / 293 / 283.5 @ 0.51 This trade was with a 1 day to expiration (DTE), I collected 51 USD from this trade, and paid in fees 9.6 USD (Interactive Broker charges each direction, and Iron Condor consists from 4 legs - 2…