Recent content by twinstar

What I am trying to understand is how they get filled on the other side. Another way to ask would be what you said. Would 2 spreads get filled differently than an iron condor? In one respect I understand that there would be less legs required per spread. But to simplify it more. Can a spread be...

Ok, my first post so go easy on me. I want to sell an iron condor on the SPX. I pick my 4 legs and get a credit, lets say the credit is $5.00. At least that's what I see as far as the 'price' of the iron condor. I have 2 questions about this. 1. When the condor goes off to the CBOE, does it...