Long Call Condor

LegTradeOptionLotsStrike
L1BUYCALL1ATM - 6
L2SELLCALL1ATM - 2
L3SELLCALL1ATM + 2
L4BUYCALL1ATM + 6
Strategy Details
NameLong Call Condor
TypeFour-Leg Debit
DescriptionBuy a call condor to benefit from the underlying expiring within a specific upper price range.
OutlookNeutral to mildly bullish with controlled volatility
Max ProfitLimited; occurs if price expires between inner strikes
Max LossLimited to the net premium paid
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