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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| SCHG | SCHG Leg 1 |
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| SCHG | SCHG Leg 2 |
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| SCHG | SCHG Leg 3 |
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| SCHG | SCHG Leg 4 |
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Trade Information
Iron Condor
SELL -1 SCHG Dec 18, 2026 38.00 call @$0.38
BUY +1 SCHG Dec 18, 2026 39.00 call @$0.05
SELL -1 SCHG Dec 18, 2026 33.00 put @$0.48
BUY +1 SCHG Dec 18, 2026 27.00 put @$0.40
Stock
SCHG Current Price
$34.43 USD
SCHG Breakeven Price
Between $32.59 and $38.41
Trade Details
Cost of Trade
-$41.00 USD
Maximum Profit
$41.00
Maximum Loss
-$559.00
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)