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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

13,381.05

ATM Strike:13,400
Lot Size:50

Max Profit

₹-15.14

₹-757 / lot

Max Loss

₹65.14

₹3,257 / lot

Net Premium

₹-15.14

₹757 / lot

Breakeven

—

Risk / Reward

—

Live Payoff Diagram

Spot 13,38170-7212,63514,165

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

Strategy Legs

#TypeSideStrikePremiumQty
1PEbuy13,300₹46.971
2PEsell13,350₹48.841
3CEsell13,450₹47.421
4CEbuy13,500₹45.561

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.