Iron Condor Strategy

Level 2 Approved
Underlying
SPY
Current Price
$585.00
Strategy Type
Neutral Income
1 Choose Your Strategy
🛡️
Conservative
Wide wings for maximum safety with lower premium
Range: $570 - $600 (±2.6%)
Duration: 45 days
$620 premium
⚖️
Balanced
Optimal balance between risk and premium income
Range: $575 - $595 (±1.7%)
Duration: 30 days
$1,100 premium
🎯
Aggressive
Narrow wings for maximum premium with higher risk
Range: $580 - $590 (±0.9%)
Duration: 14 days
$1,500 premium
2 Fine-Tune Parameters

Disclaimer: This interface is for illustrative purposes only and does not reflect real-time pricing, market data, or accurate risk calculations. All values shown are simulated for product concept demonstration.

⚠️ Strategy Risk
Profit Zone: SPY stays between $575 - $595 at expiration. Max profit $1,100 if price remains in range.
Loss Zone: SPY moves outside $570 - $600. Max loss $900 if price breaches wings. Risk/Reward ratio: 1.22x.

Expected Outcomes

Net Premium +$1,100.00
Max Profit $1,100.00
Max Loss -$900.00
Risk/Reward 1.22x
Lower Breakeven $573.90
Upper Breakeven $596.10
Lower Short Put Short Call Upper $0 Profit Loss
Loss Zone Profit Zone Loss Zone

Execution Details

Settlement T+3
Clearing House OCC
Order Type Multi-Leg Spread
Execution All-or-None
Margin Required $2,000 (per spread)

Strategy Details

Underlying SPY
Current Price $585.00
Profit Range $575 - $595
Wing Width $5 each side
Status Ready