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For many professional option traders, iron condors form the basis of how they generate monthly income. Iron condors are a strategy that allows you to profit from sideways moving stocks, but they can also profit if the stock experiences slightly higher or slightly lower prices over the course of the trade.
Condor is the common name for two species of New World vultures, each in a monotypic genus. They are the largest flying land birds in the Western Hemisphere. They are: The Andean condor (Vultur gryphus) which inhabits the Andean mountains.