Iron Condor Option Strategy

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An iron condor is an options strategy consisting of two puts (one long and one short) and two calls (one long and one short), and four strike prices, all with the same expiration date. The iron condor earns the maximum profit when the underlying asset closes between the middle strike prices at expiration. In other words, the goal is to profit from low volatility in the underlying asset. It is a combination of Bull Put Spread and Bear Call Spread.

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Educated in Finance, Business and Statistics, Ankur is passionate about finance, investing, trading and programming.


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