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Use Iron Condor Options to Earn Consistent Returns Every Month with Surprisingly Modest Risk
“Benklifa has devised an elegant strategy to reduce risks while creating consistent profits. His strategic approach to options trading should be a part of every trader’s approach, especially in volatile markets.”
—Michael C. Thomsett, author, Options Trading for the Conservative Investor
“Michael Benklifa is the real deal. His insights into the iron condor strategy stem from years of trading this approach with big money in various market environments. His experience will benefit both beginning and advanced options traders wanting to enhance their knowledge of perhaps the best strategy in options trading.”
—Steve Lentz, DiscoverOptions
“Very few books explore a trading strategy in the kind of detail that Benklifa has applied to condors. It’s all here—trade timing, entry and exit rules, volatility effects, selection criteria, adjustments for sharp rallies and declines, and risk management, just to name a few. Unlike most trading books, this one was written by someone who has devoted years of effort to perfecting and trading the strategies illustrated in this book. That simple fact has driven Benklifa to dissect the complex dynamics of the condor trade into enough detail to fill an entire volume. Trading condors without reading this book is like going to war without a gun.”
—Jeff Augen, author, Trading Options at Expiration
“Too many options books lose clarity in an attempt to explain every strategy for every market condition. Benklifa avoids this pitfall by focusing on one strategy, the iron condor. Benklifa combines his lucid explanation of the iron condor with guidelines of the trading discipline needed to make it successful. The emphasis is upon profit optimization, not profit maximization. Risk and reward are given their due. He does a superb job of reducing the equation to the lowest common denominators—time, price, and implied volatility. The book provides a rock solid foundation for the understanding and application of core trading concepts.”
—Frank Fahey, in the pits for 20 years at the CBOE
Right now, real traders are achieving consistent returns every month, through trades that strictly limit market risk. Michael Hanania Benklifa is one of them. In this book, he shares his secret: iron condor options. Benklifa personally manages millions of dollars in condor options trades each month. Now, drawing on his unsurpassed experience, he shows exactly how to run these trades and earn these returns.
No abstractions or oversimplifications here! Instead, you’ll find detailed, step-by-step instructions…examples based on real market dynamics...insights into the critical nuances that will dramatically impact your trading results. Benklifa shows how to handle rising and falling volatility, changing bid-ask spreads, distorted call parity, and more. You’ll learn how to earn attractive profits from condor options in sideways markets, rising markets, falling markets, every market!
Creating your “zone of profits”
Planning and controlling the source and timing of your profits
Understanding the underlying dynamics of condor trades
Uncovering the crucial details that increase profits and reduce market risk
When to get in–and when to get out
Mastering patience while avoiding greed
Adapting your trade for diverse market environments
Earning consistent profits no matter how the market moves
Was expecting more advanced subtleties about iron condors. The daytrading part was interesting to me. Can be used by beginners in option trading.Published 6 days ago by Luxury goods
Been trading iron condors since 2005. This book filled in many blanks. It's well written, clear and reasonably concise. Well worth the investment.Published 1 month ago by Ron Santella
Michael knows his stuff! I refer to this book frequently. If you want to know the Iron Condor strategy, get this book!Published 1 month ago by D. Herrera
Fantastic book on a great strategy. Written so a novice to an experienced trader can benefit.Published 4 months ago by Steve Maynard
Never in the entire book is the set up for an Iron Condor strategy detailed or explained.
Iron Condor: Neutral Strategy for Uncommon Profit is MUCH better.
I was hoping for more meat. Not much to the book for the price. It was more or and intro to advance options trading.Published 7 months ago by Spicer Matthews
I have read a number of option trading books from Sheldon Natenberg's Option Volatility & Pricing to Jeff Augen's books. Read morePublished 7 months ago by Kyle