Strategy
Neutral Strategy
Profits from range-bound market
What is Neutral Strategy?
Neutral Strategy A strategy that profits when the underlying stays within a range. Examples include iron condors, butterflies, and strangles. Profits from time decay and stable prices.
Complete Definition
A strategy that profits when the underlying stays within a range. Examples include iron condors, butterflies, and strangles. Profits from time decay and stable prices.
Related Terms
AV
Written by
ApexVol Research Team
Quantitative options research
All calculations use live institutional-grade data — the same source used by professional volatility desks.
RS
Technical reviewer
Ryan Silk, ApexVol Founder
Reviewed for technical accuracy
10+ years trading options. Built ApexVol's pricing engine, Greeks model, and IV-rank methodology.
This guide is updated as market conditions and institutional data change. Last revised 2026-05-12.
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