Opening: SPX May 15th 5425/5525/7000/7200 Iron CondorS&P 500SP:SPXNaughtyPines... for a 16.20 credit. Comments: Selling the 10 delta short options and erecting the wings out from there to generate a credit that is >10% of the width of the wings and that results in a 70% or greater probability of profit metric. Metrics: Max Profit: 16.20 Buying Power Effect: 83.80 ROC at Max: 19.33% Will generally look to roll in sides at >50% max to delta balance and look to take 10.00 ($1000) of profit out of the resulting setup. Smaller BPE Variation: SPY May 15th 535/545/697/707 Iron Condor, 1.60 ($160) max on BPE of 8.40 ($840).