Condor

Business, Legal & Accounting Glossary

Definition: Condor


Condor


What is the dictionary definition of Condor?

Dictionary Definition


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.


Related Phrases


Iron Condor


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March 29, 2024 https://payrollheaven.com/define/condor/.
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Condor. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/condor/ (accessed: March 29, 2024).
American Psychological Association (APA):
Condor. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/condor/

Definition Sources


Definitions for Condor are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd October, 2021 | 0 Views.