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condor
(redirected from Condor Spread)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.
condor
a voiceless, New World vulture; a diurnal bird of prey noted for its large size. Includes Vultur gryphus (Andean condor) and Gymnogyps californianus (Californian condor).


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Every single complex multi-leg options strategies such as the Butterfly Spread and the Iron Condor Spread, are made up of these basic building blocks
Iron Condor Spread is the combination of a Bullish Vertical Credit Spread and a Bearish Vertical Credit Spread on the same underlying asset Depending on how the spreads are constructed, option traders will potentially be able to obtain twice the collect premium over a single spread position Iron Condor Spread is the combination of a Bullish Vertical Credit Spread and a Bearish Vertical Credit Spread on the same underlying asset.
 
 
 
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