Trade Idea: TAN Iron Condor 1-3-2025

TAN is trading in a narrow range

Invesco Solar ETF TAN 0.00%↑ has been building support. However, it’s near the top of its trading range and will likely move sideways before breaking out.

TAN’s IVR is 41.6, which is decent for selling iron condors.

This trade offers plenty of room to adjust before expiration and this is a defined risk trade.

Keep reading to learn the best strikes and expiration date to maximize returns. Also, how to execute and my exit strategy.

Lastly, learn how I plan to turn this into an infinite return trade.

This is not financial advice. Please do your own research and do what’s best for you.

TAN Daily Chart

TAN is in a downtrend but is building momentum. TAN will either move higher or pull back to support before moving higher. I set up this trade to benefit from either outcome while getting paid to wait.

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