condor inputs
STRUCTURE: LONG PUT < SHORT PUT < SHORT CALL < LONG CALL
results — estimates
max loss$340.00
max profit$160.00
put wing width$5.00 / share
call wing width$5.00 / share
lower breakeven$93.40
upper breakeven$111.60
profit-zone width$18.20
return on risk47.1%
assumptions
Held to expiration, no early assignment, no commissions or fees, standard 100-share multiplier. Only one side of the condor can be breached at expiration, so max loss uses the widest wing minus the total credit. Profit zone is the range between the two breakevens where the position finishes positive.
Educational math only. Not financial advice. All results are estimates.
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