Iron Condor on Alset (AEI)
An iron condor on Alset (AEI) is a neutral / range-bound options strategy, anchored to AEI's real 0.588 USD price as of 2026-10-26. See how it works, an illustrative strike setup, and max profit/loss/breakeven below — not a live option quote.
Last updated 2026-10-26 · Source: end-of-day close (real price); strikes illustrative, educational only — not a live option quote
How does an iron condor on AEI work?
An iron condor on Alset sells an out-of-the-money call spread and an out-of-the-money put spread, profiting if AEI stays between the short strikes into expiry. It is a defined-risk, range-bound strategy.
Outlook: neutral / range-bound. Real reference price: 0.588 USD (as of 2026-10-26).
How to set up the iron condor (illustrative)
| Leg | Detail (illustrative) |
|---|---|
| Sell | call illustratively ~0.6174 USD and buy call ~0.6468 USD (call spread) |
| Sell | put illustratively ~0.5586 USD and buy put ~0.5292 USD (put spread) |
Strikes are illustrative percentages of the real price, not live option quotes. Pick actual strikes and expiries from a broker's option chain.
Max profit, max loss and breakeven
| Max profit | the net credit received, kept in full if AEI settles between ~0.5586 USD and ~0.6174 USD |
|---|---|
| Max loss | spread width − net credit (here the illustrative spread width is about 0.0294 USD) |
| Breakeven | short put strike − credit, and short call strike + credit |
When to use it — and the risks
When: When you expect AEI to trade in a range with falling or stable volatility into expiry.
Risks: Losses occur on a large move beyond either short strike; defined-risk but the max loss can exceed the credit collected.
Related research pages
More on AEI
Frequently asked questions
What is an iron condor on AEI?
An iron condor on AEI combines a short call spread above the market and a short put spread below it, collecting a net credit that's kept in full if price stays inside both spreads.
How do you set up an iron condor for AEI?
Sell a call spread roughly 0.6174 USD-0.6468 USD and a put spread roughly 0.5292 USD-0.5586 USD, bracketing the current 0.588 USD price. Real strikes and widths should come from the live option chain.
What is the max profit and loss?
Max profit is the credit collected if AEI stays between the short strikes; max loss is the spread width minus that credit if price breaks out either side.
When should you use an iron condor on AEI?
Best when you expect AEI to stay range-bound with falling or stable implied volatility into expiry — not ahead of an event likely to cause a big move.