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Glossary > C > "Condor" Definition

Condor

Applies to derivative products. Option strategy consisting of both puts and calls at different strike prices that capitalizes on a narrow range of volatility. The payoff diagram takes the shape of a bird.

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Condor - Applies to derivative products. Option strategy consisting of both puts and calls at different strike prices that capitalizes on a narrow range of volatility. The payoff diagram takes the shape of a bird.

Condor : applies to derivative products. option strategy consisting of both puts and calls at different strike prices that capitalizes on a narrow range of volatility. the payoff diagram takes the shape of a bird.