Mechanics
·
9 min
Ratio spreads
Unbalanced spreads: more shorts than longs (or vice versa). Designed for specific target zones, with a tail you cannot ignore.
In this lesson
- The 1x2 call ratio in detail
- What happens beyond the target
- Defined-risk wrap: the ratio backspread
- When ratio spreads fit
- Practical guidance
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The complete lesson, with worked examples, callouts, and a quiz to test yourself, is in Iron Condor Options.
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