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The iron condor is an options trading strategy utilizing two vertical spreads – a put spread and a call spread with the same expiration and four different strikes. A long iron condor is essentially selling both sides of the underlying instrument by simultaneously shorting the same number of calls and puts, then covering each position with the purchase of further out of the money call(s) and ...
A long condor consists of four options of the same type (all calls or all puts). [1] The options at the outer strikes are bought and the inner strikes are sold (and the reverse is done for a short condor). [1] The difference between the two lowest strikes must be the same as the difference between the two highest strikes. [1]
A ladder is also similar to a condor, the key difference being that a condor has an additional option; for example, a long call condor is similar to a long call ladder but with an extra call at a higher strike. [4] A ladder's Greeks are generally similar to a strangle. [1]
Iron condor - the simultaneous buying of a put spread and a call spread with the same expiration and four different strikes. An iron condor can be thought of as selling a strangle instead of buying and also limiting your risk on both the call side and put side by building a bull put vertical spread and a bear call vertical spread.
A long iron butterfly will attain maximum losses when the stock price falls at or below the lower strike price of the put or rises above or equal to the higher strike of the call purchased. The difference in strike price between the calls or puts subtracted by the premium received when entering the trade is the maximum loss accepted.
Another element of in-band signaling addressed by SS7 is network efficiency. With in-band signaling, the voice channel is used during call setup which makes it unavailable for actual traffic. For long-distance calls, the talk path may traverse several nodes which reduces usable node capacity.
The widely used RS-232 system is an example of single-ended signaling, which uses ±12 V to represent a signal, and anything less than ±3 V to represent the lack of a signal. The high voltage levels give the signals some immunity from noise, since few naturally occurring signals can create a voltage of such magnitude.
The signal prior to the junction signal will now show a single flashing yellow aspect and the signal prior to that one will display two flashing yellow aspects. The driver's route knowledge tells them permissible speed across the diverging junction, and they will begin to slow the train upon seeing the two flashing yellows.
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