Iron Condor
A neutral strategy that profits when the stock stays within a range. Combines a bull put spread and a bear call spread:
- Buy a put at the lowest strike (downside protection)
- Sell a put at a higher strike (collect premium)
- Sell a call at an even higher strike (collect premium)
- Buy a call at the highest strike (upside protection)
Your Inputs
📉 Put Side
📈 Call Side
Results
Max Profit
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Max Loss
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Lower Breakeven
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Upper Breakeven
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How to read this: Green = profit zone (stock between sold strikes). Red = loss at the wings.