Option Play Book - Iron Condor

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The speaker covers the basics of the iron condor options strategy.  The Iron condor consists of four different options contracts; short OTM call, long further OTM iron condor options strategy.  The Iron condor consists of four different options contracts; short OTM call, long further OTM call, short OTM put, and long further OTM put.  It is designed to profit off a range bound market; it is a limited risk, short strangle.

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