After having looked at iron condors in all the index ETF's, IWM presents the best metrics for a nearer in time setup (my ordinary "thang" is to go >90 days out if VIX is <15, as it is here and <45 DTE if VIX >15).
Metrics:
Probability of Profit: 57% P50: 69% Max Profit: 93/contract Max Loss/Buying Power Effect: 207/contract Theta: 1.07/contract Delta: -3.56/contract
Notes: I tried to squeeze out 1/3rd the width of the wings in credit, but didn't want to go any narrower here (the short options are at or near the 75% probability out-of-the-money strike). I'll look to take it off at 50% max profit.
Order cancelled
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We've had a +15 VIX pop early this session, so I'm going to look to put on something 45 DTE ... .