Stocks & Commodities V. 25:6 (36-39): Sidebar: Trader Dan on Index Condors and Daily Condor Checklist by John A. Sarkett
TRADER DAN ON INDEX CONDORS
• Put on five to seven weeks from expiration (preferably 49 days for new students)
• Strike width: Five to 20 points in SPX & RUT; NDX 25 to 50 points
• Strike width: One to five points in DIA, SPY, IWM...