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  • Condor and Iron Condor   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.

    See the OptionMath.com Call Condor Cheat Sheet

      See the OptionMath.com Put Condor Cheat Sheet

      See the OptionMath.com Iron Condor Cheat Sheet

       


         
 

 

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