The risk profile on Iron Condors is insanely favorable. See picture.
What's the catch here? the likelyhood of success is obviously very high. Are there assignment risks here that I'm ignoring? Although I've done plenty of wheeling options but never messed with spreads and condors so I'm wondering why i've never done this for such a nice risk profile. Will also only debit $93 for a potential profit of over $200. So this stratagey appears I would risk less than half of my potential gain.
Am I missing something with Iron Condors
byu/shakenbake6874 inoptions
Posted by shakenbake6874