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
Sell OTM Call spread + OTM Put spread. Defined risk, range-bound profit.
Midcap Nifty · Live Spot
14,381.55
Switch Underlying Symbol
Max Profit
₹-15.48
₹-774 / lot
Max Loss
₹65.48
₹3,274 / lot
Net Premium
₹-15.48
₹774 / lot
Breakeven
—
Risk / Reward
—
Live Payoff Diagram
Chart uses live option chain premiums. Vertical indigo line = current spot; dashed amber lines = breakeven points.
Strategy Legs
| # | Type | Side | Strike | Premium | Qty |
|---|---|---|---|---|---|
| 1 | PE | buy | 14,300 | ₹47.16 | 1 |
| 2 | PE | sell | 14,350 | ₹48.90 | 1 |
| 3 | CE | sell | 14,450 | ₹47.62 | 1 |
| 4 | CE | buy | 14,500 | ₹45.88 | 1 |
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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.