Curiosity About iron condor
In which type of market iron condor works
2 sell legs time decay earnings are neutralize with 2 buy legs , 2 buy legs premium variation also neutralize with other 2 sell legs. How the strategy earning at the end or expiry
Iron Condor works in a range-bound market. The profit zone for an Iron Condor is between the short call strike and the short put strike.
Iron condor is an improvisation over short strangle strategy.
The profits gets reduced due to the hedges but it also comes with reduced stress.
this is explained in detail in the below Varsity chapter
VV Thanks for letting me know this article much more improved my clarification