Condor strategy consists of four calls: one long in-the-money call, one short in-the-money call with higher strike, one short out-of-the-money call and one long out-of-the-money call with a higher strike. Condors have limited profit and limited risk exposure.
Want to learn more? Download now an interactive reference application for iPhone. The screenshot shows the following portfolio:
Volume | Instrument |
|---|
1 | European call struck at 9.000 with expiry in 30 days |
-1 | European call struck at 10.000 with expiry in 30 days |
-1 | European call struck at 11.000 with expiry in 30 days |
1 | European call struck at 12.000 with expiry in 30 days |
This is an excerpt from iOptioneer option trading reference application. In order to build the real-time dynamic strategy graph and run simulations you will need to download the application from App Store.
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