An iron condor (or more accurately said, a short iron condor) is a directionally neural options strategy that combines a bear ...

Fellow traders call him “Captain Condor,” and he and his mates are making waves in the options market. The captain, or the ...

As with the short call spread, short put spread ... resulting in a maximum possible loss of $81. The iron condor has two sold options at its core, and option sellers typically benefit from ...

A short iron condor consists of four options in the form of two short vertical spreads: a short out-of-the-money (OTM) call spread, and a short OTM put spread. Short iron condors may yield a profit ...

Fellow traders call him “Captain Condor,” and he and his mates are making waves in the options market. The captain, or the “Iron Condor Whale” as he’s known to others, first ...