Does anyone on here have experience managing long term condors, such as 9-12 months out, probably using leaps?
The profit profile near the strike can be similar to that of a call write with put protection, however the condor requires substantially less capital.
Probably not a terribly popular idea right now with the VIX and vols so high, but should everything calm down a bit, it could be an interesting play for the income investor. Any thoughts?
The profit profile near the strike can be similar to that of a call write with put protection, however the condor requires substantially less capital.
Probably not a terribly popular idea right now with the VIX and vols so high, but should everything calm down a bit, it could be an interesting play for the income investor. Any thoughts?