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You have the Long and short positions backwards. A Short Iron Condor consists of a short call verticle and short put verticle, with the expectation that both spreads will "contract" and hopefully expire worthless. A Long Iron Condor would be the opposite, with the expectation that one of the spreads will "expand" to maximum value. 38.106.148.42 ( talk) 21:31, 10 September 2008 (UTC)
They are definitely backwards. Why has this not been corrected yet? When you sell an iron condor, you receive a net credit. This page says going long/buying will give you a net credit. That makes no sense at all. And to the "Update" above. Think or Swim does it correctly, opposite of what is on here. — Preceding unsigned comment added by 72.193.179.66 ( talk) 01:51, 10 February 2014 (UTC)
I came here to read this article and realized that none of this makes any sense. 74.15.62.35 ( talk) 01:51, 24 March 2012 (UTC)
Complete misinformation - long and shorts are backwards. iron are made up of calls AND puts. This is horrible!!! — Preceding unsigned comment added by Pcxtrader ( talk • contribs) 23:03, 26 July 2012 (UTC)
This article is rated C-class on Wikipedia's
content assessment scale. It is of interest to the following WikiProjects: | |||||||||||
|
You have the Long and short positions backwards. A Short Iron Condor consists of a short call verticle and short put verticle, with the expectation that both spreads will "contract" and hopefully expire worthless. A Long Iron Condor would be the opposite, with the expectation that one of the spreads will "expand" to maximum value. 38.106.148.42 ( talk) 21:31, 10 September 2008 (UTC)
They are definitely backwards. Why has this not been corrected yet? When you sell an iron condor, you receive a net credit. This page says going long/buying will give you a net credit. That makes no sense at all. And to the "Update" above. Think or Swim does it correctly, opposite of what is on here. — Preceding unsigned comment added by 72.193.179.66 ( talk) 01:51, 10 February 2014 (UTC)
I came here to read this article and realized that none of this makes any sense. 74.15.62.35 ( talk) 01:51, 24 March 2012 (UTC)
Complete misinformation - long and shorts are backwards. iron are made up of calls AND puts. This is horrible!!! — Preceding unsigned comment added by Pcxtrader ( talk • contribs) 23:03, 26 July 2012 (UTC)