Iron Condor Breakeven Points - Quant Trader Interview Question
Difficulty: Medium
Category: Options & Greeks
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Topics: options, iron-condor, breakeven, risk-management
Problem Description
You sell an iron condor on XYZ stock with the following strikes: short put at 95, long put at 90, short call at 105, and long call at 110. You receive a net credit of 2 dollars for establishing this position. What are the two breakeven points for this iron condor?
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