Business, Legal & Accounting Glossary
An options strategy similar to a butterfly spread. The only difference is that in a condor, the two middle options have different strike prices within the range established by the other two options. This strategy is often undertaken when an increase in volatility is expected, since it allows for positive payoffs over a relatively large range of underlying prices.
Iron Condor
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Condor are sourced/syndicated and enhanced from:
This glossary post was last updated: 23rd October, 2021 | 0 Views.