Iron Condor: Theta Gang's Fortress I r/wallstreetbets

The iron condor is a phenomenal strategy for Theta Gang traders, especially those with small accounts. It is a neutral, defined-risk, defined-reward strategy.

Create one by:
1) Sell an OTM call;
2) Buy a further OTM call;
3) Sell an OTM put;
4) Buy a further OTM put.

If you are a WallStreetBets degenerate looking to upgrade to Theta Gang life, come ride the iron condor to tendie town. GUH.
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