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Definition, Examples & Resources:Call Broken Wing Condor Spread'

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What is Call Broken Wing Condor Spread in Options Trading ?

Call Broken Wing Condor Spread
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.

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