Managing iron condors and strangles
Tasty Trade research from Dec. 30-data showing it’s wise to close them early, don’t wait for expiration. The discussion starts just before the 7 minute mark.
https://www.tastytrade.com/tt/daily_recaps/2015-12-29/episodes/iron-condors-varying-profit-targets-12-29-2015?locale=en-US