Mechanics
·
12 min
The iron condor
A bull put spread and a bear call spread stacked on the same underlying. Defined-risk neutral premium selling. The named product after this app.
In this lesson
- The construction
- The payoff numbers
- Why iron condors are popular
- Choosing the strikes
- Why this is the canonical product
- Management
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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