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A condor is a limited-risk, non-directional options trading strategy consisting of four options at four different strike prices. The buyer of a condor earns a profit if the underlying is between or near the inner two strikes at expiry, but has a limited loss if the underlying is near or outside the outer two strikes at expiry. Therefore, long condors are…
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Explore the main themes, entities and connections around Condor (options). Start with the topic map, then use the sections below for research and deeper semantic analysis.
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condor underlying options prices two strike profit inner strikes expiry outer long short butterfly four different limited range maximum strategy
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| a condor.An iron condor is a strategy which replicates the payoff of a short condor | instance of | The condor is so named because of its payoff diagram's perceived resemblance to a large bird | 0.80 | text |
| but with a different combination of options | instance of | The condor is so named because of its payoff diagram's perceived resemblance to a large bird | 0.80 | text |
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