Iron Condors Launched in the Seattle Housing Market to the Chagrin of Mutual Fund Residents


Multiple embedded derivatives spreads give this contemporary house a high probability feel.

Obviously influenced by the derivative spread form in which a high probability iron condor is hedged with debit spreads or straddles like this:


new-fangled homes spring up in Seattles finest neighborhoods, where simple mutual fund homes had previously sufficed.


The views are stunning

Alas, the denizens of the elite enclaves of the emerald city are a little irked, which naturally– as it were– finds expression in their favored organ, the Seattle Times.  Johnny-on-the-spot, I can testify that locals can’t comprehend the gigantic schemes; however, they do recognize progress when they see it. The common lament, I record herein: “It is what it is.”

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