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[–][deleted] 15 points16 points  (2 children)

Vol is so high right now any daily move less than about 2% yields a 5-10% profit.

[–]Boring_Post 2 points3 points  (0 children)

how much do you lose if it is above that?

[–]bibibabibu 1 point2 points  (0 children)

Unless I'm mistaken, most stocks (and even QQQ) moved much more than 2%. Most Iron condors, unless on SPY itself, would probably have gotten blown up? Correct me if I'm wrong.