How does Canada February GDP +0.2% vs +0.2% expected affect Iron Condor wing width?

The Canada February GDP print of +0.2% exactly matching expectations has negligible impact on SPX iron condor wing width. This is low-volatility macro data that rarely moves the VIX or SPX implied volatility in a meaningful way.

At current VIX levels, stick to the ALVH methodology: if VIX is below 15, use 12-15 delta short strikes and keep wing width at 1.5 to 2 times the credit received. Only widen wings to 2.5-3x credit when VIX exceeds 18-20 and you need extra buffer against gamma risk.

The matching Canadian number adds no new information to the market, so there is no reason to adjust your standard wing sizing. Focus instead on U.S. data, upcoming FOMC, and actual VIX term structure. If VIX remains subdued, continue selling the tighter 1.5x wing condors on SPX to maintain positive theta while controlling defined risk. Only expand wings when realized volatility starts to exceed implied or when VIX jumps above 17.