Multi-leg strategies
How do I execute an unbalanced Iron Condor to reflect a subtle structural market bias?
By Easy Money Scanner · Educational reference · Not investment advice
The short answer
An unbalanced (skewed) Iron Condor places strikes asymmetrically around the current price, reflecting a directional lean while still collecting premium from both sides.
How it works
This is done by selling more premium or placing strikes closer on the side matching the trader's bias, increasing directional exposure while retaining defined risk from the spread structure.
An example
A trader bullish on a stock might sell a put spread closer to the money for more credit while placing the call spread wider, skewing the profit zone upward.
Risk & limitations
Skewing the structure increases directional risk and can reduce the overall probability of profit compared to a neutral condor, while still bearing defined but asymmetric loss potential.
Examples are hypothetical, not trade recommendations. US contract and regulatory references do not automatically apply in Canada. Rules, margin requirements and broker policies can change; confirm them with the relevant authority and your broker.