What is the breakeven range for an Iron Condor and how do I calculate it?


An iron condor has two breakeven points - an upper and a lower. They are calculated as follows:  


  • Upper breakeven = Short Call strike + Net premium received  
  • Lower breakeven = Short Put strike − Net premium received  


The wider the gap between the two short strikes and the more premium received, the wider your profit zone. The payoff chart on ArihantPlus shows both breakeven points clearly so you do not need to calculate them manually.  

Did this help?
Thanks for your feedback!
Thanks for your feedback!
Thanks for your feedback!

Related Articles

Still Stuck?

Connect with our client advisor executives :

Investment App Screenshot

Ready to invest smarter?
Download the app today.

Discover Our App's Power In Seconds. Play Video →