You can learn most of the strategies on Varsity and with good explanation as well. So go through Option Strategies module on Varsity.
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@ShubhS9 @Sensibull I created an iron condor in Sensibull with a net premium received of âš8,237.50 (âš329.5 * 25). However, Sensibull shows a maximum profit of âš4,488/-. As the market moved up, the potential profit increased beyond this âmaximumâ range. I checked on âOpstra Optionsâ website the same thing, and it also showed a maximum profit of âš4,488/-. If the net credit is âš8,237.50, shouldnât that be the maximum profit? What am I missing here?
