Build a strategy Long Call Long Put Short Call Short Put Covered Call Protective Put Cash Secured Put Bull Call Spread Bull Put Spread Bear Put Spread Bear Call Spread Collar Long Straddle Short Straddle Iron Condor Calendar Spread Covered Combination Long Call Butterfly

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.

Upgrade to unlock advanced probability and risk metrics.

Upgrade now

Options

Action Qty Expiration Date Strike Type Price Delta IV
MUU MUU Leg 1
Action
Qty
Expiration Date
Strike
Type
Price
Delta
IV
%
MUU MUU Leg 2
Action
Qty
Expiration Date
Strike
Type
Price
Delta
IV
%
MUU MUU Leg 3
Action
Qty
Expiration Date
Strike
Type
Price
Delta
IV
%
MUU MUU Leg 4
Action
Qty
Expiration Date
Strike
Type
Price
Delta
IV
%
±100%
to
       

Trade Information

Iron Condor

SELL -1 MUU Dec 11, 2026 25.00 call @$0.90

BUY +1 MUU Dec 11, 2026 32.00 call @$0.28

SELL -1 MUU Dec 11, 2026 17.50 put @$2.03

BUY +1 MUU Dec 11, 2026 12.00 put @$0.43

Stock

MUU Current Price

$17.47 USD

MUU Breakeven Price

Between $15.28 and $27.22

Trade Details

Cost of Trade

-$222.00 USD

Maximum Profit

$222.00

Maximum Loss

-$478.00

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)