iron condor

[ramb...@gmail.com]

I want to backtest iron condor strategy, but I want at the same time to be able to manage each credit spread separately (i,e. close only call credit spread when short delta > X)

1. Can I open Iron Condor trade and afterwards manage independently each credit spread? 

2. In case I open one bear call spread and one bull put spread in order to create iron condor, how can I make sure both spreads have exactly the same expiration date?

[OptionStack]

If you want to manage each of the credit spreads (put credit spread vs call credit spread) independently in an iron condor, you should leg into the position as two separate positions with different OrderID's.  For instance, you can enter first sell a put credit spread, and then sell a call credit spread.  

Here is an article explaining how to leg into trades.  Please see the section on Iron Condors:  Rolling / Legging into Trades

Here is an example of legging into an Iron Condor:  Legging into Iron Condors

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