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REDDIT

Does this strategy have a name?

I
Feb 13, 2025 · 04:08

i used simulated trading trying to execute iron condor, turns out i created something else

sell 1 call short term, slightly above current price

sell 1 put short term, slightly below current price

buy 1 call long term, way above current price

buy 1 put long term, way below current price

does this make any sense at all?

both times were profitable, 10-20% so I'd like professional opinions

ty

https://preview.redd.it/6ryo2yavmeie1.png?width=689&format=png&auto=webp&s=5bb7b07dcac039cfb47f18936a273d7f95c27aca