I am often asked how I find stock in which to enter into the Iron Condor strategy. Not every strategy works with every stock in every kind of market, but I have a set of guidelines or criteria I use when looking for those stocks.
#1 use stocks you would buy 100 shares of in your retirement account
#2 use very liquid stocks near $100 or higher: Examples would be AAPL, NFLX, AMZN, GOOGL, PNRA, XOM, DIS, IBM, TSLA, LNKD, PCLN, etc.
#3 If I did 4 stock Iron Condors[...]