Strategy

Delta Neutral Short Iron Condor

DN-IC
Portfolio Δ+0.0000
-0.15NEUTRAL ✓+0.15
ExpiryStrikeTypeLotsPrice
Shift
0
Width
250
Hedge Δ
0.08
Multiplier
Premium ₹8248

Strikewise IVs & Deltas

StrikeTypeIV%Δ
22,650—16.8%-0.22
22,900—15.2%-0.38
23,000—14.9%0.42
23,250—13.7%0.26
Max Profit+₹8,248+150.2% margin
Max Loss-₹4,253Risk:Reward 1:1.94
Breakevenⓢ22735 / 23165Lower / Upper
Portfolio Δ+0.0000✓ Neutral
Theta / day+₹7POP: 10%

Delta

+0.0000

Theta

+6.60

Vega

-2.47

Gamma

+0.0000

POP

10%

Margin

₹5,490

On Expiry
On Target Date

Standard Deviation Levels

1 SD390 (1.7%)▼ 22,612.15▲ 23,392.15
2 SD780 (3.4%)▼ 22,222.15▲ 23,782.15

Margin

Available₹10,00,00,000
Required₹5,490
Utilised₹4,253
Free₹1,237

Hedge Status

✓ Neutral

Δ threshold: ±0.08

Legs

B22650PE₹156.2
S22900PE₹214.85
S23000CE₹230.75
B23250CE₹124.45
●Backend OfflineDN-IC · NIFTY · Lot 50 · 2023-01-15 → 2023-02-28Auto-Hedge: ACTIVEPortfolio Δ: +0.0000