It’s just a word to describe a set of four options trades. The inverse is the “iron condor”. Honestly if you’re interested in options trading, I’d recommend leaving the underlying principles and think about what you want to accomplish vs learning the pseudoscience terms the chartists have invented.
It’s just a word to describe a set of four options trades. The inverse is the “iron condor”. Honestly if you’re interested in options trading, I’d recommend leaving the underlying principles and think about what you want to accomplish vs learning the pseudoscience terms the chartists have invented.