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Create a multi-leg spread based on range-bound expectations.
Published by The Retail Trader · JUL 31, 2026 · Derivatives (F&O)
Iron Condor — a multi-leg spread based on range-bound expectations.
This term comes under Derivatives (F&O), in the section "Strategy Name". These are names only, not recommendations — each has its own risk profile that is important to understand:
Other terms in this group — understanding them together is more useful:
• Hedging
• Covered Call
• Protective Put
• Long Straddle
• Long Strangle
• Bull Call Spread
• Bear Put Spread
• Calendar Spread
• Naked Option Selling
To read the entire group and all its examples in one place, see the journal "DERIVATIVES: DICTIONARY OF FUTURES & OPTIONS" - this term has been taken from there.
This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.