SPX 45 DTE Iron Condor - Entry and management plan
Opening new SPX position:
**Setup:**
- Strikes: 5800/5825/6075/6100
- DTE: 45
- Credit: $4.50
- Delta: ±0.16
- Width: 25 points each side
**Management:**
- Close at 50% profit
- Roll if tested at 21 DTE
- Stop loss if down 200%
Thoughts?