HONGKONGDIR

HOMECompaniesDictionaryFAQs

Home » Dictionary » Strategies » iron condor

Iron Condor

Definition
Options trading strategy that requires the traders to buy and hold four different options. An iron condor has a similar structure to an iron butterfly, but two of the options located in the center have different strike prices. In order to create an iron condor, the trader must hold a long and short position in two different strangle strategies. Two vertical spreads (bull call spread and bull put spread) with the same expiration date are also utilized with an iron condor.

Nearby Terms
Similar companies
Copyright © 2013 hongkongdir.com All Rights Reserved.
Provides public information about companies in the Hong Kong.