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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| NVDQ | NVDQ Leg 1 |
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| NVDQ | NVDQ Leg 2 |
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| NVDQ | NVDQ Leg 3 |
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| NVDQ | NVDQ Leg 4 |
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Trade Information
Iron Condor
SELL -1 NVDQ Dec 18, 2026 19.00 call @$1.00
BUY +1 NVDQ Dec 18, 2026 25.00 call @$0.40
SELL -1 NVDQ Dec 18, 2026 13.00 put @$1.15
BUY +1 NVDQ Dec 18, 2026 9.00 put @$0.23
Stock
NVDQ Current Price
$15.08 USD
NVDQ Breakeven Price
Between $11.48 and $20.52
Trade Details
Cost of Trade
-$152.00 USD
Maximum Profit
$152.00
Maximum Loss
-$448.00
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)