Condor Spread/butterfly vs Iron condor and iron butterfly
I’m reading the section that explains how to use options to manage volatlity.
I have one basic question: The difference between iron condor and just a condor spread and also between butterlfy spread and iron butterfly is that the “iron” ones uses Puts and Calls while the regular spreads uses Puts OR Calls? Am I right?
Study together. Pass together.
Join the world's largest online community of CFA, CAIA and FRM candidates.