Option Profit Sim

NVDA Iron Condor Calculator

Calculate max profit, max loss, breakeven and probability of profit for a NVIDIA Corporation (NVDA) iron condor. Adjust the strike and premium and the payoff chart updates instantly.

Open the NVDA Iron Condor calculator →

Pre-loaded with NVDA and the iron condor — ready to edit.

NVDA Iron Condor — payoff at expirationexample @ $126
Max profit
$401
Max loss
-$199
Breakevens
$115 / $135
Prob. of profit
36%

Illustrative example on a ~$126 share price and a 6-week expiration. Open the calculator for live pricing and to edit the strikes, premium and expiration.

NVDA Iron Condor: the essentials

Iron Condor FAQ

Educational overview of how the strategy works — not financial advice.

What is an iron condor on NVDA?

A four-leg, defined-risk, market-neutral trade: you sell an out-of-the-money put spread and an out-of-the-money call spread on NVIDIA Corporation (NVDA), collecting a net credit. You profit if NVDA stays range-bound between the two short strikes.

How much can I make and lose on a NVDA iron condor?

Max profit is the net credit, kept if NVDA finishes between the two short strikes. Max loss is defined: the width of one spread minus the credit, if the stock breaks through either side. Note the loss is usually larger than the credit — condors win often but lose bigger.

What are the breakevens on a NVDA iron condor?

Two of them: the lower short strike minus the net credit, and the upper short strike plus the net credit. You keep the full profit anywhere between the short strikes and break even at those two points.

When is a NVDA iron condor a good idea?

When you expect NVDA to trade sideways and implied volatility is elevated (so you collect more premium). As a net option seller you benefit from time decay and, ideally, from IV contracting after you open the trade.

Is an iron condor bullish or bearish?

Neither — it's a neutral, range-bound bet. You're wagering that NVDA stays inside your strikes through expiration, not that it goes up or down. The main risk is a sharp move past a short strike or a volatility spike.

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Figures are theoretical estimates for education only — not financial advice. Options involve risk.

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