Option Trading Strategies - When Should I Put On Iron Condors?

Tom Sosnoff and Tony Battista look at a study comparing selling iron condors in normal and high implied volatility environments. They find that their profits are significantly greater in high IV and declare that they will never sell another iron condor without having an implied volatility percentile above 50%. tastytrade is a real financial network with 8 hours of live programming from 7am-3pm CT WATCH LIVE at https://www.tastytrade.com/tt/#/  Subscribe for FREE  and have full access to our segments on demand.

Comments

1. Are earnings days IVs taken out?
2. is it even possible to collect 1/3 width of strike, i find that hard even on higher dollar stock
   the low to mid range of money collect still far away from 1/3 ...
3. very good content. i have made these adjustments rather than plug and play til expiration or close out tested side to cut loss. the data works out. Great work Tastytrade!
4. Is the IV percentile the same as IV rank?
5. is it not unwise to trade a normal iron condor just before earnings (when IV is particularly high)? l lost tons, trading iron condors on ISRG, just before earnings, as the premium was fat, remember kept rolling down furthering my loss, as it gapped down and kept heading south
6. What would be the reason to no do Iron Condors all the time. One side is always going to win the other side needs to be watched before it gets away from you. I know this sounds too simplisic but I am real interested in the answers as to how my thinking could be screwed up.
7. I received iron, 1000 tons = $ 10,000
8. What would the IV need to be in NDX to trade an IC?
9. Nice discussion 
10. Illustrating the power of patients
    Wait for the correct setup before placing your money at risk.
11. I still don't understand what they mean by 1/3 the width of the strikes. GOOG is at 77% IV and I'm looking at a wide iron condor with strikes from 1030 to 1260. That means the width is 230? I guess 1/3rd of that is around 75 bucks, and that's not even close to the 5.10 I'd be collecting on that particular trade. What am I doing wrong? 
12. Hey Tastytrade, I would like to thank you for getting me well geared for trading options. In this video, are you making a 1 SD Iron condors with 4 strike prices away?
13. Examples!
14. how do you choose the strikes??
15. What have u done on the research in managing winner on AAPL is really AWESOME!!! 25% max profit has 100%!!! chance of winning trade is just GREAT guys.... THANK YOU
16. On the Trade tab, it's listed at the right edge of the row where the month is listed at the left edge.
17. how about TSLA?
18. Look at the options chain and it's listed right there.
19. ? bio-tec
20. How do you find implied volatility on ThinkorSwim?