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Condor |
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Condor Applies to derivative products. Option strategy consisting of both puts and calls at different strike prices to capitalize on a narrow range of volatility. The payoff diagram takes the shape of a bird. Condor In options, a strategy in which four contracts are bought or sold at four different strike prices. In a call condor, the investor buys the calls with the highest and lowest strike prices and sells the calls with the middle strike prices. In a put condor, the investor sells the contracts with the highest and lowest strikes and buys the middle ones. An investor engages in a condor strategy if he/she expects a great deal of volatility on the underlying asset; it allows him/her to make a profit regardless of the price of the underlying as long as it remains in a certain (broad) range. See also: Butterfly spread. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| You might want to keep your hands in your pockets when approaching the Andean Condors vultures and the Twilight Zone, where visitors walk through a cave inhabited by Rodrigues Fruit Bats. SSP programs for lowland gorillas, Andean condors, giant pandas and snow leopards, among others, have not had such clear success, but remain part of the larger conservation picture for the species in question and the regions they inhabit. It has a small museum, and it houses different wildlife specie such as wild horses, deer, llamas, pumas, and Andean condors. |
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