➥ Hypergrowth Options Strategy Course:
The long iron condor (buying iron condors) strategy consists of purchasing an out-of-the-money call spread and put spread (in the same expiration cycle). The strategy profits from significant stock price movements in either direction or an increase in implied volatility.
In this video, you’ll learn:
1. What are the characteristics of the long iron condor strategy?
2. What does the expiration risk graph look like for a long iron condor position?
3. How do long iron condors perform when the stock price changes?
Additionally, you’ll see performance visualizations for three real trades so you know exactly how buying iron condors works in various scenarios.
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