Butterfly and Condor spreads are options strategies that combine bull and bear spreads with defined risk and limited profit potential. These spreads are non-directional strategies and can consist of calls, puts or a combination of both. In this webinar, we will discuss:
- Basic features of Butterfly and Condor spreads
- Risks/potential rewards when trading Butterflies and Condors
- Key considerations for Butterfly and Condor trading
Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request.
The views expressed are as of the date indicated and may change based on market or other conditions. Unless otherwise noted, the opinions provided are those of the speaker or author, as applicable, and not necessarily those of Fidelity Investments. The experts are not employed by Fidelity but may receive compensation from Fidelity for their services.