Iron Condor vs. Traditional Condor
Condors and ButterfliesThe iron condor is a position you might consider if option prices are elevated and you think the stock is going to be somewhat range bound for the given time period. Learn more about the mechanics of this strategy.
0:09 Iron Condor vs Traditional Condor
1:16 Net Debit vs Net Credit
1:50 Iron Condor Structure
1:55 Four Legs: Calls and Puts
2:05 Traditional Condor Structure
2:30 Long Condor Strategy
3:34 Implied Volatility Considerations