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

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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:

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

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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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