Iron Condor on Coca-Cola FEMSA, S.A.B. de C.V (KOF)

A iron condor on Coca-Cola FEMSA, S.A.B. de C.V (KOF) is a neutral / range-bound options strategy. An iron condor on Coca-Cola FEMSA, S.A.B. de C.V sells an out-of-the-money call spread and an out-of-the-money put spread, profiting if KOF stays between the short strikes into expiry. It is a defined-risk, range-bound strategy. Strikes below are illustrative, anchored to KOF's real 105.14 USD price as of 2026-07-22 — not a live option quote.

Last updated 2026-07-22 · Source: FMP end-of-day close (real price); strikes illustrative, educational only — not a live option quote

How does a iron condor on KOF work?

An iron condor on Coca-Cola FEMSA, S.A.B. de C.V sells an out-of-the-money call spread and an out-of-the-money put spread, profiting if KOF stays between the short strikes into expiry. It is a defined-risk, range-bound strategy.

Outlook: neutral / range-bound. Real reference price: 105.14 USD (as of 2026-07-22).

How to set up the iron condor (illustrative)

LegDetail (illustrative)
Sellcall illustratively ~110.4 USD and buy call ~115.65 USD (call spread)
Sellput illustratively ~99.88 USD and buy put ~94.63 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 KOF settles between ~99.88 USD and ~110.4 USD
Max lossspread width − net credit (here the illustrative spread width is about 5.25 USD)
Breakevenshort put strike − credit, and short call strike + credit

When to use it — and the risks

When: When you expect KOF 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

Frequently asked questions

What is a iron condor on KOF?

An iron condor on Coca-Cola FEMSA, S.A.B. de C.V sells an out-of-the-money call spread and an out-of-the-money put spread, profiting if KOF stays between the short strikes into expiry. It is a defined-risk, range-bound strategy.

How do you set up a iron condor for KOF?

Sell: call illustratively ~110.4 USD and buy call ~115.65 USD (call spread). Sell: put illustratively ~99.88 USD and buy put ~94.63 USD (put spread). Strikes shown are illustrative, anchored to KOF's real 105.14 USD price as of 2026-07-22 — choose actual strikes from a live option chain.

What is the max profit and loss?

Max profit: the net credit received, kept in full if KOF settles between ~99.88 USD and ~110.4 USD. Max loss: spread width − net credit (here the illustrative spread width is about 5.25 USD). Breakeven: short put strike − credit, and short call strike + credit.

When should you use a iron condor on KOF?

When you expect KOF 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.