Iron Condor
A neutral options strategy combining a bull put spread and bear call spread to profit from low volatility and time decay.
Explained Simply
An iron condor sells an out-of-the-money put spread and an out-of-the-money call spread simultaneously. You profit if the stock stays between your short strikes until expiration. Maximum profit is the net credit received. Maximum loss is the width of one spread minus the credit. Iron condors are popular because they have a high probability of profit (65-80%) but limited reward relative to risk.
How Tradewink Uses Iron Condor
Iron condors are automatically recommended by our volatility play signals when IV rank is above 60 and the market regime is range-bound. The AI selects strikes at 1 standard deviation (68% probability of profit) or 1.5 SD (87% probability) depending on your risk profile. Delta-neutral positioning is calculated automatically.
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See Iron Condor in action
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