Option Greeks Demystified - Part 2

Option Greeks Demystified - Part 2

Here we look at stress testing the Greek position on this Iron Condor. We see how much draw-down the trade will have if IV rises since this is a Negative Vega position. Then we take a look at the VIX and RVX to illustrate how to track and forecast IV levels.

Skip to:  Part 1     |     Part 2     |     Part 3     |     Part 4     |     Part 5     |     Part 6