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AAPL Iron Condor

NEUTRAL Expiry 2026-04-13 · 2 DTE Spot $261.00
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Trade Metrics
Max Profit $51 per contract
Max Loss $950 defined risk
Net Credit $0.51 collected upfront
Win Rate 87% probability of profit
Reward : Risk 0.05× credit / max loss
Trade Legs
Each leg represents one options contract. Sell legs collect premium; buy legs define your risk boundary.
ActionTypeStrikeBidAskMidDeltaIV
BUY PUT $245 $0.01 $0.08 $0.04 -0.016 —
SELL PUT $255 $0.29 $0.32 $0.30 -0.118 —
SELL CALL $265 $0.27 $0.29 $0.28 0.147 —
BUY CALL $275 $0.03 $0.04 $0.04 0.016 —
Gamma Wall Analysis
Where market makers hedge — the stock tends to stay between these walls.
Put Wall$250
Call Wall$280
Band Width11.5%
Confidence31%
Technical Snapshot
Key indicators for timing and direction confirmation.
RSI (14)58.5Neutral
TrendBearish
ATM IV28.7%
VolatilityNormal
Bollinger Bands
Upper$261.70
Middle$253.65
Lower$245.60
Support & Resistance
Support$246.63
Resistance$286.19
SMA 50$260.86Below
SMA 100$264.66Below
AI Insight

AAPL Iron Condor $0.51 0.05× R/R · 87% PoP — neutral bias

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Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Options trading involves significant risk and is not suitable for all investors. Past performance does not guarantee future results. Always do your own research and consult a licensed financial advisor before making trading decisions.