Markets tend to move sideways most of the time, making strategies that require big moves fairly useless. But there are strategies that can be deployed to earn returns in these conditions too
" The Iron Condor is a versatile options trading strategy known for its popularity among traders looking to limit risk and generate consistent income. It s a valuable tool in an investor s toolkit. The Iron Condor gains its popularity for several reasons. Firstly, it allows traders to profit in neutral or range-bound markets, which is a common market scenario. In other words, it s effective when you believe that the underlying asset will stay within a certain price range."
The past 18 weeks spectacular ~19% up-move has pushed weekly and monthly stochastic oscillators into overbought conditions, indicating the possibility of extended consolidation.