iron.condour {roptions}

Iron Condour Strategy Function

Description

This function can be used to develop a Iron Condour Strategy.

Usage

iron.condour(
  k_long_call,
  k_short_call,
  k_long_put,
  k_short_put,
  c1,
  c2,
  p1,
  p2,
  llimit = 20,
  ulimit = 20
)

Arguments

k_long_call

Excercise Price of Long call Option

k_short_call

Excercise Price of Short call Option

k_long_put

Excercise Price of Long Put Option

k_short_put

Excercise Price of Short Put Option

c1

Premium of Long call Option

c2

Premium of Short call Option

p1

Premium of Long Put Option

p2

Premium of Short Put Option

llimit

Lower limit of stock price at Expiration., Default: 20

ulimit

Upper Limit of Stock Price at Expiration, Default: 20

Details

An Iron condor is an options strategy created with four options consisting of two puts (one long and one short) and two calls (one long and one short), and four strike prices, all with the same expiration date.

Value

OUTPUT_DESCRIPTION Returns the profit/loss generated from the strategy along with the profit/loss of individual contract and an interactive graph for the same.

Examples

iron.condour(100, 95, 105, 102, 2.3, 1.25, 3.2, 2.3)