Iron Condor on Huadi International Group (HUDI)

An iron condor on Huadi International Group (HUDI) is a neutral / range-bound options strategy, anchored to HUDI's real 0.4305 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 HUDI work?

An iron condor on Huadi International Group sells an out-of-the-money call spread and an out-of-the-money put spread, profiting if HUDI stays between the short strikes into expiry. It is a defined-risk, range-bound strategy.

Outlook: neutral / range-bound. Real reference price: 0.4305 USD (as of 2026-10-26).

How to set up the iron condor (illustrative)

LegDetail (illustrative)
Sellcall illustratively ~0.452 USD and buy call ~0.4736 USD (call spread)
Sellput illustratively ~0.409 USD and buy put ~0.3875 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 profitthe net credit received, kept in full if HUDI settles between ~0.409 USD and ~0.452 USD
Max lossspread width − net credit (here the illustrative spread width is about 0.0216 USD)
Breakevenshort put strike − credit, and short call strike + credit

When to use it — and the risks

When: When you expect HUDI 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 HUDI

Frequently asked questions

What is an iron condor on HUDI?

An iron condor on HUDI 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 HUDI?

Sell a call spread roughly 0.452 USD-0.4736 USD and a put spread roughly 0.3875 USD-0.409 USD, bracketing the current 0.4305 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 HUDI 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 HUDI?

Best when you expect HUDI to stay range-bound with falling or stable implied volatility into expiry — not ahead of an event likely to cause a big move.