Leaderboard

I keep the max estimated drawdown to around 20%.

Is the following scenario possible? (Since TLRY is so incredibly eager to move and closing may be difficult) (Just a tiny worry in the back of my head) Say it rockets up and the short call is so ITM and low on time value that it gets assigned (before expiration). Best probable course of action would be to buy to cover the shares and then sell to close the long call. However, say it continues to rocket up beyond what my account size can buy to cover shares, so I am forced to exercise my long call to cover the shares and take the max loss on the call side. Afterwards, say the bubble pops and the stock plummets violently way back down so that the remaining short put is so ITM and low on time value that it gets assigned. I would then have to sell to cover the shares + sell to close long put (near max loss on put side) or exercise the long put to cover (max loss on put side). Would I be looking at almost double the max loss of the iron condor? (If I am missing something, please let me know) I know that the usual premise of an iron condor is that if one side is breached and compromised, the other side will be fine, but I am curious if the extreme movement of this stock may cause both sides to be compromised before expiration.