Iron Condor

The condor spread is one of the lesser known and/or used option spread strategies.
While the name is similar to the more popular ‘iron condor’ strategy - the ‘condor spread’ is different - even while the risk graph of the trade looks the same.
The difference between the condor and the iron condor is that the condor [...]

Similar to an iron condor spread trade, the Condor (without the ‘iron’) is a four legged trade made up of all calls or all puts.
Here is an illustration of a condor spread -
Go long 4 50 Calls
Go short 4 55 Calls
Go short 4 60 Calls
Go long 4 65 Calls
The risk profile of this looks similar [...]

In this weeks Iron Condor Option Free Newsletter…
*  PRACTICAL APPLICATION: Options Class*  VIDEO: Long Call Butterfly*  VIDEO: SPY Straddle*  VIDEO: Wall Street Up*  VIDEO: Drifting
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*** PRACTICAL APPLICATION: OPTIONS CLASS ***
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New ‘Practical Applications’ Options Trading Class allowsyou to [...]