Expectation : Neutral

Profit When : Stagnant

Risk : Limited

Reward : Limited

Upper Breakeven Pt : Short Call Strike + Net Credit

Lower Breakeven Pt : Short Put Strike - Net Credit

Max Profit : Net Credit

OppiE's Note : Iron Condor Spread is the credit spread version of the Condor Spread. It has a higher profitability and higher probability of profit due to a wider profitable range.