Iron Condor on Moog (MOG-A)

An iron condor on Moog (MOG-A) is a neutral / range-bound options strategy, anchored to MOG-A's real 367.02 USD price as of 2026-09-11. See how it works, an illustrative strike setup, and max profit/loss/breakeven below — not a live option quote.

Last updated 2026-09-11 · Source: FMP end-of-day close (real price); strikes illustrative, educational only — not a live option quote

How does an iron condor on MOG-A work?

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

Outlook: neutral / range-bound. Real reference price: 367.02 USD (as of 2026-09-11).

How to set up the iron condor (illustrative)

LegDetail (illustrative)
Sellcall illustratively ~385.37 USD and buy call ~403.72 USD (call spread)
Sellput illustratively ~348.67 USD and buy put ~330.32 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 MOG-A settles between ~348.67 USD and ~385.37 USD
Max lossspread width − net credit (here the illustrative spread width is about 18.35 USD)
Breakevenshort put strike − credit, and short call strike + credit

When to use it — and the risks

When: When you expect MOG-A 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 an iron condor on MOG-A?

An iron condor on MOG-A 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 MOG-A?

Sell a call spread roughly 385.37 USD-403.72 USD and a put spread roughly 330.32 USD-348.67 USD, bracketing the current 367.02 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 MOG-A 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 MOG-A?

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