Short Condor Spread


The Short Condor Spread strategy is to profit from a stock moving up or down beyond the highest or the lowest strike price. The trader expects the price of the stock to be volatile i.e. massive price movement in any direction to take place.
The Short Condor Spread strategy is a direction neutral strategy with limited risk and a limited profit. The strategy involves buying OTM and ITM call options and selling ITM call option of a lower strike price and OTM call option of a higher strike price of the same underlying stock.
All options must have:
> Same Expiry Date
> Same underlying
> Legs must have the number of contracts in the ratio 1:1:1:1.
Top MarketXLS Rank stocks

Penske Automotive Group Inc.

Zim Integrated Shipping Services Ltd

Universal Logistics Holdings Inc.

NRG Energy Inc.

Corteva Inc.

Avnet Inc.

Universal Corporation

Kronos Worldwide Inc

Boise Cascade L.L.C.

Rollins Inc.
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