When to use an Iron condor?

[2dimes]

What Market conditions would warrant the placement of the two opposing credit spreads. And does anyone know an easy way to calculate the 2 ROI's? (risk based vs funds restricted due to margin)

 

[luckyd1976]

What Market conditions would warrant the placement of the two opposing credit spreads. And does anyone know an easy way to calculate the 2 ROI's? (risk based vs funds restricted due to margin)

IC = Best used when you feel it's a sideways market or when the greeks are in your favor for income.

www.trade2win.com/boards/options/31385-one-shot-condors.html