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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| MSFT | MSFT Leg 1 |
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| MSFT | MSFT Leg 2 |
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| MSFT | MSFT Leg 3 |
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| MSFT | MSFT Leg 4 |
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Trade Information
Iron Condor
SELL -1 MSFT Dec 11, 2026 545.00 call @$7.38
BUY +1 MSFT Dec 11, 2026 575.00 call @$1.86
SELL -1 MSFT Dec 11, 2026 500.00 put @$8.48
BUY +1 MSFT Dec 11, 2026 465.00 put @$2.75
Stock
MSFT Current Price
$521.04 USD
MSFT Breakeven Price
Between $488.75 and $556.25
Trade Details
Cost of Trade
-$1,125.00 USD
Maximum Profit
$1,125.00
Maximum Loss
-$2,375.00
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)