Wide Wing IC

Options Intermediate NIFTY Options BANKNIFTY Options Stock Options

Neutral - Range-bound with Buffer for Large Moves

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Quick Reference

Strategy Type Wide Wing Iron Condor
Market Outlook Neutral - Range-bound with Buffer for Large Moves
Risk Profile Lower Risk (Defined, Reduced Max Loss)
Reward Profile Lower Premium but Higher Probability
Time Horizon 2-5 weeks
Capital Requirement Medium
Margin Type SPAN + Exposure
Best Used When Expecting range-bound market but wanting extra protection against large moves

When to Use This Strategy

Expecting range-bound market but wanting extra protection against large moves

India-Specific Notes

Lot Sizes

NIFTY 25 units per lot
BANKNIFTY 15 units per lot
Stock Options Varies by stock

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