Fly Like a Condor: Trading Options and ETFs with Jared Woodard, Part 2
Click here to access our Big Saturday Interview with Jared Woodard of Condor Options.
Options spreads offer traders a way to take advantage of mispricings in markets that are rising, falling or simply oscillating in a range. Independent trader Jared Woodard of Condor Options shared with TradingMarkets his approach to trading options in strategies such as iron condors and calendar spreads in last week’s Big Saturday Interview, Part 1 of our conversation on options trading.
Here in Part 2, we talk about how and why Jared Woodard thinks that index products, such as ETFs, are excellent choices for traders using options spreads strategies like iron condors. He also candidly shares with us his experiences as an options trader in 2008, a year of truly historic volatility that as he says, provided “opportunities for really fantastic trades … that probably won’t come around again for quite awhile.”
To access Part 2 of our Big Saturday Interview with Jared Woodard, click here.