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what kind of IRON CONDOR is this one?

Discussion in 'Options' started by mmca2006, Jan 12, 2018.

  1. mmca2006

    mmca2006 Active Member

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    Can any one identify what kind of IRON CONDOR is shown in following link , how this can be done ? Any idea..

     
  2. SarangSood

    SarangSood Member

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    Probably is a reverse iron condor where his atm options are bought and otm is sold. That is because the market has fallen considerably. Won't be profitable if the market was dull.

    Iron condors are gr8 way of trading but still there is no magic strategy. You still have to make a decision of whether the market is going to be volatile or not and that is where your skill in market reading is involved.
     
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  3. mmca2006

    mmca2006 Active Member

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    I think it is diagonal iron condor , same diagram with nifty attached herewith:greedy::greedy:
     

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