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Re: [RT] anyone know how iron codor option work?



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Trading Reference Links

http://www.wisegeek.com/what-are-options-spreads.htm

A related options spread can built by combining a bullish call (or put) spread with a bearish one. If the two spreads are centered at the same price - for example short a put at 95, long a put and long a call at 100, and short a call at 105 - it is called an iron butterfly. In terms of profit and loss potential, it acts very much like a basic butterfly strategy. If the two spreads do not overlap, the position is called a condor.

----- Original Message -----
From: Ben
Sent: Saturday, April 19, 2008 2:18 PM
Subject: [RT] anyone know how iron codor option work?

please share with us ,when it is used ,and what are the  advantages/disadvantages,
 
thanks
Ben
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