Skip to main content

Iron Condor — Live Payoff & Greeks

Live Iron Condor options strategy on Midcap Nifty with real-time payoff diagram, breakevens, risk-reward and leg details.

Iron Condor

NeutralNet DebitRisk: Limited (spread width - net premium)Reward: Limited (net premium received)

Sell OTM Call spread + OTM Put spread. Defined risk, range-bound profit.

Midcap Nifty · Live Spot

14,779.70

ATM Strike:14,800
Lot Size:50

Max Profit

₹-15.59

₹-780 / lot

Max Loss

Unlimited

₹3,280 / lot

Net Premium

₹-15.59

₹780 / lot

Breakeven

Risk / Reward

Live Payoff Diagram

Spot 14,78070-7213,96515,635

Chart uses live option chain premiums. Vertical indigo line = current spot; dashed amber lines = breakeven points.

Strategy Legs

#TypeSideStrikePremiumQty
1PEbuy14,70047.301
2PEsell14,75049.001
3CEsell14,85047.621
4CEbuy14,90045.931

About This Strategy

This Iron Condor is built around the live ATM strike of Midcap Nifty. Premiums reflect current NSE option chain LTPs. Use this as an educational tool to understand the structure and risk profile before placing real trades.

Disclaimer: Educational use only. Options carry significant risk — always validate with your broker, factor in slippage and brokerage, and use proper position sizing.