Google is down three dollars on a day when the market is ripping higher. That kind of relative weakness is exactly the setup Jamal looks for before putting on a neutral iron condor trade.

The logic: Google has a $26 expected move. The short strikes are placed outside that range on both sides. If the stock just does nothing for the next 29 days, the trade works. Defined risk, limited buying power, and a clear exit plan. A textbook iron condor setup walked through live from strike selection to fill.