GREY:STTYF - Post by User
Comment by
zentrarianNZon Dec 24, 2012 2:45pm
342 Views
Post# 20769883
RE: Added to position
RE: Added to position For trading dummies like me:
"The iron condor is an advanced optyion trading strategy utilising two vertical spreads – a put spread and a call spread with the same expiration and four different strikes. If the outer strikes are bought and the inner strikes sold a long iron condor is produced. The converse produces a short iron condor. The number of call spreads will be equal to the number of put spreads." -Wikipedia
Now doesn't that just make everything crystal clear?...
Anyway, best of luck with that, denisonod. And happy holidays to you as well. 2013 should be "interesting."
-z.