Iron Condor on Arrive AI (ARAI)
An iron condor on Arrive AI (ARAI) is a neutral / range-bound options strategy, anchored to ARAI's real 0.1119 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 ARAI work?
An iron condor on Arrive AI sells an out-of-the-money call spread and an out-of-the-money put spread, profiting if ARAI stays between the short strikes into expiry. It is a defined-risk, range-bound strategy.
Outlook: neutral / range-bound. Real reference price: 0.1119 USD (as of 2026-10-26).
How to set up the iron condor (illustrative)
| Leg | Detail (illustrative) |
|---|---|
| Sell | call illustratively ~0.1175 USD and buy call ~0.1231 USD (call spread) |
| Sell | put illustratively ~0.1063 USD and buy put ~0.1007 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 ARAI settles between ~0.1063 USD and ~0.1175 USD |
|---|---|
| Max loss | spread width − net credit (here the illustrative spread width is about 0.0056 USD) |
| Breakeven | short put strike − credit, and short call strike + credit |
When to use it — and the risks
When: When you expect ARAI 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 ARAI
Frequently asked questions
What is an iron condor on ARAI?
An iron condor on ARAI 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 ARAI?
Sell a call spread roughly 0.1175 USD-0.1231 USD and a put spread roughly 0.1007 USD-0.1063 USD, bracketing the current 0.1119 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 ARAI 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 ARAI?
Best when you expect ARAI to stay range-bound with falling or stable implied volatility into expiry — not ahead of an event likely to cause a big move.