iron.condour: Iron Condour Strategy Function

In roptions: Option Strategies and Valuation

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)

roptions documentation built on July 8, 2020, 7:30 p.m.