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.
Options
| Action | Qty | Expiration Date | Strike | Type | Price | Delta | IV | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SKHY | SKHY Leg 1 |
Action
Qty
|
Expiration Date
|
|
Strike
Type
|
Price
|
|
Delta
|
IV
%
|
|
|
|||||
| SKHY | SKHY Leg 2 |
Action
Qty
|
Expiration Date
|
|
Strike
Type
|
Price
|
|
Delta
|
IV
%
|
|
|
|||||
| SKHY | SKHY Leg 3 |
Action
Qty
|
Expiration Date
|
|
Strike
Type
|
Price
|
|
Delta
|
IV
%
|
|
|
|||||
| SKHY | SKHY Leg 4 |
Action
Qty
|
Expiration Date
|
|
Strike
Type
|
Price
|
|
Delta
|
IV
%
|
|
|
Trade Information
Iron Condor
SELL -1 SKHY Dec 11, 2026 149.00 call @$4.18
BUY +1 SKHY Dec 11, 2026 170.00 call @$1.11
SELL -1 SKHY Dec 11, 2026 121.00 put @$5.75
BUY +1 SKHY Dec 11, 2026 100.00 put @$1.19
Stock
SKHY Current Price
$130.28 USD
SKHY Breakeven Price
Between $113.37 and $156.63
Trade Details
Cost of Trade
-$763.00 USD
Maximum Profit
$763.00
Maximum Loss
-$1,337.00
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)