Iron Condor on PT Logindo Samudramakmur (LEAD.JK)
A iron condor on PT Logindo Samudramakmur (LEAD.JK) is a neutral / range-bound options strategy. An iron condor on PT Logindo Samudramakmur sells an out-of-the-money call spread and an out-of-the-money put spread, profiting if LEAD.JK stays between the short strikes into expiry. It is a defined-risk, range-bound strategy. Strikes below are illustrative, anchored to LEAD.JK's real 105 IDR 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 LEAD.JK work?
An iron condor on PT Logindo Samudramakmur sells an out-of-the-money call spread and an out-of-the-money put spread, profiting if LEAD.JK stays between the short strikes into expiry. It is a defined-risk, range-bound strategy.
Outlook: neutral / range-bound. Real reference price: 105 IDR (as of 2026-07-22).
How to set up the iron condor (illustrative)
| Leg | Detail (illustrative) |
|---|---|
| Sell | call illustratively ~110.25 IDR and buy call ~115.5 IDR (call spread) |
| Sell | put illustratively ~99.75 IDR and buy put ~94.5 IDR (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 LEAD.JK settles between ~99.75 IDR and ~110.25 IDR |
|---|---|
| Max loss | spread width − net credit (here the illustrative spread width is about 5.25 IDR) |
| Breakeven | short put strike − credit, and short call strike + credit |
When to use it — and the risks
When: When you expect LEAD.JK 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 LEAD.JK?
An iron condor on PT Logindo Samudramakmur sells an out-of-the-money call spread and an out-of-the-money put spread, profiting if LEAD.JK stays between the short strikes into expiry. It is a defined-risk, range-bound strategy.
How do you set up a iron condor for LEAD.JK?
Sell: call illustratively ~110.25 IDR and buy call ~115.5 IDR (call spread). Sell: put illustratively ~99.75 IDR and buy put ~94.5 IDR (put spread). Strikes shown are illustrative, anchored to LEAD.JK's real 105 IDR 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 LEAD.JK settles between ~99.75 IDR and ~110.25 IDR. Max loss: spread width − net credit (here the illustrative spread width is about 5.25 IDR). Breakeven: short put strike − credit, and short call strike + credit.
When should you use a iron condor on LEAD.JK?
When you expect LEAD.JK 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.