225: 1-Year Review of $3k Monthly Iron Condor Bot

The Option Alpha Podcast

This week we take a look at the performance of the Monthly Iron Condors ($3k Portfolio) bot template. You might recall that we previously did a deep dive on this template back on Show 214, walking through the strategy setup, the scanner and monitor automation setups, etc. But now that we’ve had it running for a little over a year, we thought it would be help to take a look at how it has weathered this year’s market volatility and explore possible ways to adjust or improve its performance in the future.

Important Notes: This podcast is purely for educational purposes and my exploration of this bot template is not a recommendation or suggestion to use this strategy as your own. Bot performance does not includes in commissions, which might vary from account to account or broker to broker. We encourage you to always do your own due diligence, factor in your own personal situations, and trade strategies you are comfortable with in your account.

So, let's dive in and look at how this strategy has performed in this year's volatility and explore possible adjustments and future improvements. Ultimately, if nothing else, we hope this example helps give you some ideas to help with your own trading.