Options Glossary

Glossary: Call Broken Wing Condor Spread

Last Updated: July 12, 2015


Call Broken Wing Condor Spread

What Does Call Broken Wing Condor Spread Mean in Options Trading?

It's a type of Condor Spread where risk/reward profile is skewed in favor of the trader by which no losses occur or a slight credit is taken even if the underlying security goes down substantially. The tradeoff is that if the underlying appreciates beyond the expected move of the security than greater losses will be seen than with a standard condor spread.

Related Options Trading Terms

homeusercrossmenuarrow-right-circle linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram