| Condor Spread | |
 Similar to a butterfly spread, a condor is an options strategy that also has a bear and a bull spread, except that the strike prices on the short call and short put are different. |
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 The purpose of this option strategy is to earn limited profits, regardless of market movements, with a small amount of risk. |
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 Options Basics Tutorial - An introduction to the world of options, covering everything from primary concepts to how options work and why you might use them. |
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