Income strategies, SPY or SPX ...

Investor summaryNeutral

Author discusses trading Vega-negative income strategies like Iron Condors on SPY/SPX in a decreasing VIX environment.

Post body

With VIX decreasing, trading Vega negative strategies is highly attractive.

SPY and/or SPX Iron Condors (or Butterflies) are the obvious choice in this environment.

I am trading some income strategies that give more flexibility for adjustments using structured variations, like the SPX Best or SPY Ride trades.

They give a bit more room to manage risk (Delta, mainly) when the price starts pushing to extremes.

Does anyone trades income strategies? Which ones are you trading?

Discussion · top comments

No comment snapshot fetched for this post yet.