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OptionAutomator Options Trading Glossary:
Definition, Examples & Resources:Put Broken Wing Condor Spread'
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What is Put Broken Wing Condor Spread in Options Trading ?
Put Broken Wing Condor Spread
A neutralized condor spread
position in which risk of directional move is covered by buying further strike out of the out of the money puts than a standard put condor.
Previous term : Public Book (of orders)
Next term : Short Horizontal Calendar Call Spread
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