Iron Condor vs. Traditional Condor | Strategy Structure
Condors and ButterfliesThe iron condor is the combination of a a short strangle with a long strangle outside of it. See how this strategy may be constructed.
0:00 Iron Condor Structure Overview
0:17 Selling Out of the Money Call
0:21 Selling the Put Side
0:29 Iron Butterfly vs Iron Condor Visualization
0:59 Iron Butterfly Strike Requirements
1:15 Traditional Condor Setup
1:57 Target Price Between Short Strikes
2:03 Debit vs Credit Comparison