Short Call Condor
A Short Call Condor involves selling two call options at middle strikes and buying one call option each at lower and higher strikes. It profits from significant price movement outside the range of the middle strikes. Ideal for high-volatility conditions,…
Long Call Condor
A Long Call Condor involves buying one call option at a lower strike, selling two call options at middle strikes, and buying one call option at a higher strike. It profits when the price stays within a defined range near…
Iron Condor
An Iron Condor combines a Bull Put Spread and a Bear Call Spread to profit from minimal price movement within a range. It involves selling an OTM put and an OTM call and buying farther OTM put and call options…
Short Call Butterfly
A Short Call Butterfly involves selling one call option at a lower strike, buying two call options at a middle strike, and selling one call option at a higher strike. It profits from significant price movement outside the range of…
Long Call Butterfly
A Long Call Butterfly involves buying one call option at a lower strike, selling two call options at a middle strike, and buying one call option at a higher strike. It profits when the price stays near the middle strike…