Short Put Condor
| Leg | Trade | Option | Lots | Strike |
|---|---|---|---|---|
| L1 | SELL | PUT | 1 | ATM - 6 |
| L2 | BUY | PUT | 1 | ATM - 2 |
| L3 | BUY | PUT | 1 | ATM + 2 |
| L4 | SELL | PUT | 1 | ATM + 6 |
Strategy Details
| Name | Short Put Condor |
| Type | Four-Leg Credit |
| Description | Sell a put condor to benefit from a move outside a defined lower price range. |
| Outlook | Bearish or expecting increased volatility |
| Max Profit | Limited to the net premium received |
| Max Loss | Limited to the strike width minus premium received |
| support@chartiny.com | |
| Alternate | iankurseth@gmail.com |
| Phone | +91 7070 88 1900 |
