iron condor: Learn With ETMarkets - Options Demystified 506 – Iron Condor
" The Iron Condor is a versatile options trading strategy known for its popularity among traders looking to limit risk and generate consistent income. It's a valuable tool in an investor's toolkit. The Iron Condor gains its popularity for several reasons. Firstly, it allows traders to profit in neutral or range-bound markets, which is a common market scenario. In other words, it's effective when you believe that the underlying asset will stay within a certain price range."
Source: indiatimes.com