Neutral - Expecting Range-bound with Uncertainty on Exact Range
| Strategy Type | Two Iron Condors at Different Strike Levels |
| Market Outlook | Neutral - Expecting Range-bound with Uncertainty on Exact Range |
| Risk Profile | Defined Risk, Layered Exposure |
| Reward Profile | Higher Total Premium, Multiple Profit Zones |
| Time Horizon | 2-4 weeks |
| Capital Requirement | High (Two Full IC Positions) |
| Margin Type | SPAN + Exposure (Both Positions) |
| Best Used When | Uncertain about exact range but confident market won't trend strongly |
| NIFTY | 25 units per lot |
| BANKNIFTY | 15 units per lot |
| Stock Options | Varies by stock |
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