Skip to main content

Iron Condor — Live Payoff & Greeks

Live Iron Condor options strategy on Nifty 50 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.

Nifty 50 · Live Spot

23,719.30

ATM Strike:23,700
Lot Size:25

Max Profit

₹-17.25

₹-431 / lot

Max Loss

₹67.25

₹1,681 / lot

Net Premium

₹-17.25

₹431 / lot

Breakeven

Risk / Reward

Live Payoff Diagram

Spot 23,71970-7422,42024,980

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

Strategy Legs

#TypeSideStrikePremiumQty
1PEbuy23,60047.491
2PEsell23,65048.541
3CEsell23,75049.351
4CEbuy23,80048.301

About This Strategy

This Iron Condor is built around the live ATM strike of Nifty 50. 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.