{"id":19,"date":"2009-11-25T03:06:26","date_gmt":"2009-11-25T03:06:26","guid":{"rendered":"http:\/\/dailyma.com\/faq\/victory-spreads-and-volatility\/"},"modified":"2010-02-09T01:45:18","modified_gmt":"2010-02-09T01:45:18","slug":"victory-spreads-and-volatility","status":"publish","type":"post","link":"http:\/\/dailyma.com\/faq\/victory-spreads-and-volatility\/","title":{"rendered":"Victory spreads and volatility"},"content":{"rendered":"<p><strong>Q: So far so good on my first month of condors&#8230;..2 weeks in&#8230;.still delta neutral. Haven&#8217;t had to adjust yet&#8230;..but ready to if threatened.<\/p>\n<p>I want to try the back-ratio type of trade to protect against a huge downstroke in January, but for the life of me I cannot get the analysis chart to look like it does in your video.<\/p>\n<p>I have 10 grand in cash in the account with 2 grand in margin already on.<\/p>\n<p>I made sure I am set for &#8220;1st triggers sequence&#8221;.<\/p>\n<p>I insured I am set to &#8220;single symbol&#8221; and double check that no other positions or options are checked.<\/p>\n<p>I check the dates&#8230;&#8230;+1 at X, N\/A, P\/L open&#8230;&#8230;etc&#8230;..I&#8217;m looking very closely and making certain my screen looks exactly like yours does in the video. I&#8217;m making sure I &#8216;buy&#8217; the distant OTMs and &#8216;sell&#8217; a single near month ITM. It just isn&#8217;t working.<\/p>\n<p>I&#8217;m playing around with the strikes and months&#8230;..but for the life of me I cannot get the graph to look like yours does in the video. It always shows that the risk amount is roughly half of the margin required&#8230;&#8230;not the 50 bucks or so that you show in the video.<\/p>\n<p>I thought it might be possible that you have to have at least 25 grand in the account and satisfy the day-trading margin requirement and without that it won&#8217;t work right&#8230;..but I just don&#8217;t know.<\/p>\n<p>A little help here? What could I be doing wrong? Thanx in advance if you can help&#8230;.<\/strong><\/p>\n<p>A: The victory spreads only work<br \/>\nwhen the volatility is high.<\/p>\n<p>The best strategy for a market in<br \/>\nwhich we anticipate higher volatility<br \/>\nis put calendar spreads for monthly<br \/>\nincome.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Q: So far so good on my first month of condors&#8230;..2 weeks in&#8230;.still delta neutral. Haven&#8217;t had to adjust yet&#8230;..but ready to if threatened. I want to try the back-ratio type of trade to protect against a huge downstroke in January, but for the life of me I cannot get the analysis chart to look &hellip; <a href=\"http:\/\/dailyma.com\/faq\/victory-spreads-and-volatility\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Victory spreads and volatility&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,1,12,13],"tags":[],"class_list":["post-19","post","type-post","status-publish","format-standard","hentry","category-double-calendars","category-iron-condors","category-options","category-victory-spreads"],"_links":{"self":[{"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/posts\/19","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/comments?post=19"}],"version-history":[{"count":0,"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/posts\/19\/revisions"}],"wp:attachment":[{"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/media?parent=19"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/categories?post=19"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/tags?post=19"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}