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iron-condor-45dte.md
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iron-condor-45dte.md
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```
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Iron Condor 45dte Trade Plan
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```
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Trade plan request:
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Execute an iron condor on SPX through my Schwab broker session.
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Underlying: SPX Broker: Schwab Strategy: Iron Condor (4 legs) Entry DTE: ~45 days Wing width: 30 points Spread legs:
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Short put: [strike]
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Long put: [strike]
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Short call: [strike]
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Long call: [strike] Net credit: $[] Max loss: $[]
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Exit rules:
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Profit target: Close all 4 legs at 25% of net credit
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Stop loss: Close all 4 legs at 50% loss of max loss
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Time exit: Close all 4 legs unconditionally on [date — 21 calendar days from entry]
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Broker hard stop: Set a Schwab-side stop order at 50% loss as offline protection. Cancel automatically once MARI closes the position.
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Monitoring cadence: Swing pace — check net position P&L multiple times per trading day. No intra-second polling needed.
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Close all 4 legs together. Do not roll or manage legs individually.
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Review the plan with me before execution. Confirm buying power and order preview before placing.
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