Neutral Spreads: Butterflies, Condors and Irons
Summary
Butterflies, iron butterflies, condors, and iron condors are option positions structured to produce profit if an underlying remains rangebound, or to confine results for moves out of the range, built with multiple legs and multiple strikes that are, in essence, a combination of vertical spreads. Start the day with the theory and detail behind these important strategies for your options toolbox.
Speaker
AVP, Investor Education at E*TRADE from Morgan Stanley
Karl is Assistant Vice President of Investor Education with E*TRADE from Morgan Stanley.His background covers education, complex options strategies and risk management. Karl has extensive experience training and educating on complex trading strategies to traders with various levels of trading knowledge. He leverages his years of experience in customer-supporting roles for insight and direction when shaping his approach to education.
His undergraduate studies focused on Finance & Insurance. He now holds the Series 7, 66, 3, 4 & 24 licenses.