Short Call Condor

LegTradeOptionLotsStrike
L1SELLCALL1ATM - 6
L2BUYCALL1ATM - 2
L3BUYCALL1ATM + 2
L4SELLCALL1ATM + 6
Strategy Details
NameShort Call Condor
TypeFour-Leg Credit
DescriptionSell a call condor to profit from price moving beyond a defined upper range.
OutlookBullish or expecting increased volatility
Max ProfitLimited to the net premium received
Max LossLimited to the strike width minus premium received
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