Iron Condor
Foundations · 7 min

What moves premium

Three forces push premium around: time, distance from strike, volatility. Telling them apart is half of every post-mortem.

In this lesson

  • Time decay is silent and constant
  • Distance from strike sets sensitivity
  • Volatility is the market betting on motion
  • A worked example

Read the full lesson in the app

The complete lesson, with worked examples, callouts, and a quiz to test yourself, is in Iron Condor Options.

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