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Condor and Iron Condor

Condors and Iron Condors are combinations of vertical spreads. A condor uses only options of one type (put or call) while an Iron Condor is a combination of a call spread and a put spread.
Condors and Iron Condors both have limited risk and limited reward.
Condor and Iron Condor | ![]() |
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Condors and Iron Condors are combinations of vertical spreads. A condor uses only options of one type (put or call) while an Iron Condor is a combination of a call spread and a put spread. Condors and Iron Condors both have limited risk and limited reward. |
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