Jim Riggio presented the Jeep trade at the Options Tribe this week. Here is the replay of the meeting:
You can download the slides at http://cdurl.us/slides
Jim Riggio created the Jeep are a modification to Dan Harvey's Weirdor. The Weirdor and Jeep are asymmetric iron condors with hedges near the spot price. This is what a typical Jeep looks like:
People are asking Jim questions in our forums about this trade. We'd love to see you in the forums.
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[…] trading friends are trading these days. With volatility at historic lows, trading Iron Condors, Weirdors and Jeeps is very difficult because the premium is so low. The Russell 2000 Index (RUT) has been especially […]