Rolling Iron Condors in Pieces

Defined-Risk Strategies can be tricky to roll because you can’t <a href="https://www.tastytrade.com/shows/from-theory-to-practice/episodes/always-rolling-for-credits-12-18-2020" target="_blank">always roll them for a credit.</a> This is especially true with an Iron Condor - a strategy that has two sides, one of which being tested, <a href="https://support.tastyworks.com/support/solutions/articles/43000435386-how-do-i-roll-my-position-up-or-down-in-the-same-expiration-)" target="_blank">and the other untested</a>.So how do you analyze a potential roll in an Iron Condor? Here’s how to break an Iron Condor down to its component parts and successfully roll it out to the next expiration cycle.