175: Breakeven Iron Condor Strategy (7DTE)

175: Breakeven Iron Condor Strategy (7DTE)

In this episode, I’m joined by Brian Terry to break down a breakeven iron condor strategy he’s actively trading right now.

Brian walks through how he enters the call side and put side separately, targeting equal credits on each side with 7 days to expiration. The key twist? He uses a 200% stop on each side, which means if one side gets stopped out, the trade is designed to be roughly breakeven overall.

We talk through:

  1. Why separating entries can improve flexibility
  2. How the 200% stop changes the risk profile
  3. Why this works well on SPX, and how newer traders can adapt it to SPY for smaller size
  4. The mindset behind trading income strategies defensively, not emotionally

Brian runs the Conservative Options Income Network (COIN) over at https://stockmarketoptionstrading.net, where you can start a 14-day free trial and see his real trades, including the strategy discussed in this episode.

If you’re interested in structured, rules-based options income strategies, this is a great one to study.

Jaksot(178)

154: Trading in Retirement: Tips for Consistent Income and Low Stress

154: Trading in Retirement: Tips for Consistent Income and Low Stress

In this episode, I’m joined by longtime trader and retiree Brian Terry to talk about the realities of trading in retirement. We cover how trading can keep your mind sharp, add structure to your day, a...

4 Kesä 202539min

153: SPX Options Setup After Surprise EU Tariff News

153: SPX Options Setup After Surprise EU Tariff News

In this week’s episode of the Stock Market Options Trading Podcast, Eric recaps last week’s pullback in SPX, driven by fresh EU tariff headlines, and how the forecast data from Alpha Crunching has res...

27 Touko 20258min

152: S&P 500 Shrugs Off Credit Downgrade? | Broken Wing Butterfly Setup

152: S&P 500 Shrugs Off Credit Downgrade? | Broken Wing Butterfly Setup

This week on the Stock Market Options Trading Podcast, I'm joined by fellow trader Brian Terry as we break down the market’s reaction to the Moody’s U.S. credit downgrade, recent economic data, and th...

19 Touko 202523min

151: This Week In The S&P500: Your Charts Might Be Lying...

151: This Week In The S&P500: Your Charts Might Be Lying...

📈 Volatility, Indicators, and the SPX Weekly Forecast | Episode 151In this episode of the Stock Market Options Trading Podcast, I cover how volatile price action can distort technical indicators—and ...

12 Touko 202513min

150: SPX Forecast After 9-Day Rally | Iron Condor Strategy Adjustments

150: SPX Forecast After 9-Day Rally | Iron Condor Strategy Adjustments

📈 First Video Podcast, SPX Forecast After 9-Day Rally, Iron Condor Adjustments & Market ForecastsWatch the video here: https://youtu.be/Pk22BcCBfn0Welcome to episode 150 of the Stock Market Options T...

5 Touko 202515min

149: This Week In The S&P500: Trading Iron Condors and Truflation

149: This Week In The S&P500: Trading Iron Condors and Truflation

Welcome back to the Stock Market Options Trading Podcast! I'm your host, Eric O'Rourke, and in this episode I break down the latest market action, key technical levels, and how I’m trading SPX options...

21 Huhti 202514min

148: This Week In The S&P500: Tariff Turmoil, Fed Caution, and a Choppy Bounce

148: This Week In The S&P500: Tariff Turmoil, Fed Caution, and a Choppy Bounce

In this episode, Eric recaps last week's wild ride in the S&P 500, driven by tariff headlines, a surprise 90-day pause, and a sharp oversold rally. He covers key economic data—including CPI, PPI, and ...

14 Huhti 202514min

147: This Week in the S&P500: Market Volatility, Tariffs, and Fed Speculation

147: This Week in the S&P500: Market Volatility, Tariffs, and Fed Speculation

In this episode, Eric discusses the sharp market selloff following the surprise "Liberation Day" announcement, ongoing tariff drama, and how global markets are reacting. He breaks down key SPX levels ...

7 Huhti 20259min

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