Hi
I have been doing iron condors of late 1-3DTE. I have been trying to take 25% profit but looks like they hit 15-20% max at times. I look at the open interest and pick those legs like 20-25 deltas. However one leg is different from others at times.
Any other suggestions for picking the spreads?
Profit and stop loss % best practices pms advice. O used to do verticals but due to market volatility started going IC.
Any other suggestions pls let me know. Ty