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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| GPI | GPI Leg 1 |
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| GPI | GPI Leg 2 |
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| GPI | GPI Leg 3 |
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| GPI | GPI Leg 4 |
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Trade Information
Iron Condor
SELL -1 GPI Dec 18, 2026 280.00 call @$6.90
BUY +1 GPI Dec 18, 2026 330.00 call @$2.48
SELL -1 GPI Dec 18, 2026 240.00 put @$5.60
BUY +1 GPI Dec 18, 2026 200.00 put @$3.08
Stock
GPI Current Price
$257.54 USD
GPI Breakeven Price
Between $233.06 and $286.94
Trade Details
Cost of Trade
-$694.00 USD
Maximum Profit
$694.00
Maximum Loss
-$4,306.00
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)