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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| SPOT | SPOT Leg 1 |
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| SPOT | SPOT Leg 2 |
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| SPOT | SPOT Leg 3 |
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| SPOT | SPOT Leg 4 |
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Trade Information
Iron Condor
SELL -1 SPOT Dec 11, 2026 640.00 call @$10.50
BUY +1 SPOT Dec 11, 2026 720.00 call @$1.88
SELL -1 SPOT Dec 11, 2026 570.00 put @$12.30
BUY +1 SPOT Dec 11, 2026 490.00 put @$2.10
Stock
SPOT Current Price
$599.75 USD
SPOT Breakeven Price
Between $551.18 and $658.82
Trade Details
Cost of Trade
-$1,882.00 USD
Maximum Profit
$1,882.00
Maximum Loss
-$6,118.00
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)