The mostly sideways slide into autumn is continuing, which has kept me on the hunt for more delta-neutral credit spreads to take advantage of during these slow times.
I generally prefer to do these types of trades on sector or index ETFs. But occasionally, I'll take a flyer on a large cap name which isn't likely to suffer any serious price gaps (especially with no nearby earnings events on the horizon).
In the latest All Star Charts Monthly Conference call, the team mentioned a familiar name that is setting up for some continued sideways action that looks like a really good candidate for an Iron Condor trade.
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