Build a Short Call Condor Strategy
What is a short call condor?
DirectionalLimited ProfitLimited Loss
Similar to a short call butterfly, but the middle options have different strikes. It has a wider unprofitable range than a short call butterfly, but the potential profit outside of that range is higher and the maximum loss is lower
- Sell a call at strike A
- Buy a call at strike B
- Buy a call at strike C
- Sell a call at strike D