Options Workshop

Skewed Iron Condor

Options Workshop

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

Liz and Jenny take an active approach to the increased vol by talking through a skewed IC. They end up with a reverse big lizard with a call purchased to release capital. This type of trade is called an iron condor in the tastyworks platform... but we all know it as a reverse big lizard!

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