Iron Condor
An iron condor strategy consists of one short call spread and one short put spread. This strategy is used when the investor believes there will be little or no price movement in the underlying asset's price.
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Options
| Action | Qty | Expiration Date | Strike | Type | Price | Delta | IV | |||||||||
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| GOOG | GOOG Leg 1 |
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| GOOG | GOOG Leg 2 |
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| GOOG | GOOG Leg 3 |
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| GOOG | GOOG Leg 4 |
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Trade Information
Iron Condor
SELL -1 GOOG Dec 11, 2026 310.00 call @$5.43
BUY +1 GOOG Dec 11, 2026 335.00 call @$1.39
SELL -1 GOOG Dec 11, 2026 285.00 put @$5.88
BUY +1 GOOG Dec 11, 2026 260.00 put @$1.24
Stock
GOOG Current Price
$297.40 USD
GOOG Breakeven Price
Between $276.32 and $318.68
Trade Details
Cost of Trade
-$868.00 USD
Maximum Profit
$868.00
Maximum Loss
-$1,632.00
CVaR
Probability Analysis
Probability of Profit (PoP)
Probability of Max Profit
Probability of Max Loss
Risk Reward Analysis
Expected Value (EV)
Expected Return (EV/risk)
Reward/Risk
Position Greeks
Delta (Δ)
Gamma (Γ)
Theta (Θ)
Vega (ν)