NFLX Iron Condor Calculator

An iron condor sells an out-of-the-money put spread and call spread to collect premium when the stock stays range-bound. Max profit is the net credit; max loss is the strike width of one side minus the credit. It profits from low volatility.

NFLX price

$81.27

Nearest expiration

2026-06-12

ATM IV

20%

A neutral credit strategy that profits when the stock stays within a range. Combines a bull put spread and a bear call spread. Max profit equals the net credit received. Max loss is the width of one spread minus the credit.

$

Strategy Legs

BUYBuy OTM Put (protection)
$
$
SELLSell Put (lower wing)
$
$
SELLSell Call (upper wing)
$
$
BUYBuy OTM Call (protection)
$
$
Net Credit: $300.00

NFLX Iron Condor — Frequently Asked Questions

What is the max profit on a NFLX iron condor?

Max profit on a NFLX iron condor is set by the strike width and the net debit or credit. With NFLX near $81.27, load strikes from the live chain and the calculator computes max profit, max loss, and breakevens for you.

What is the max loss on a NFLX iron condor?

The iron condor caps your max loss — the calculator shows the exact figure once you load live NFLX strikes. Click contracts in the chain to fill the legs with real prices.

How do I set up a NFLX iron condor with live prices?

Enter NFLX, pick an expiration, and load the chain. Click BUY or SELL on each strike to populate the strategy legs with the live mid price, then hit Calculate P&L.

Disclaimer: This calculator is for educational purposes only and does not constitute financial advice. Trading involves substantial risk of loss. Past performance does not guarantee future results. Always do your own research and consult with a licensed financial advisor before making investment decisions.