By Kochuba’s count, the group suffered a loss of more than $30 million on Christmas Eve after selling more than 90,000 Iron Condor spreads. Each spread involved four separate options contracts.

It wasn’t some YOLO trade that took down a successful options trader over Christmas, but a centuries-old gambling strategy ...

Trading options can be a complicated process. Information overload among the uninitiated is prevalent, as a lot of options strategies are available and traders need to evaluate all of the possible ...

A short iron condor is an income strategy that aims to profit when a stock stays within a specified range over the course of the trade. The trade is composed of four options with the same expiration: ...

Cryptocurrency exchange and financial technology firm Coinbase Global Inc (NASDAQ:COIN) offers a compelling mechanism to wager on digital assets without dealing with the unusual pitfalls of crypto ...