Iron Condor on Telomir Pharmaceuticals, Inc. Common Stock (TELO)
An iron condor on Telomir Pharmaceuticals, Inc. Common Stock (TELO) is a neutral / range-bound options strategy, anchored to TELO's real 0.9985 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 TELO work?
An iron condor on Telomir Pharmaceuticals, Inc. Common Stock sells an out-of-the-money call spread and an out-of-the-money put spread, profiting if TELO stays between the short strikes into expiry. It is a defined-risk, range-bound strategy.
Outlook: neutral / range-bound. Real reference price: 0.9985 USD (as of 2026-10-26).
How to set up the iron condor (illustrative)
| Leg | Detail (illustrative) |
|---|---|
| Sell | call illustratively ~1.0484 USD and buy call ~1.0984 USD (call spread) |
| Sell | put illustratively ~0.9486 USD and buy put ~0.8987 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 TELO settles between ~0.9486 USD and ~1.0484 USD |
|---|---|
| Max loss | spread width − net credit (here the illustrative spread width is about 0.05 USD) |
| Breakeven | short put strike − credit, and short call strike + credit |
When to use it — and the risks
When: When you expect TELO 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 TELO
Frequently asked questions
What is an iron condor on TELO?
An iron condor on TELO 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 TELO?
Sell a call spread roughly 1.0484 USD-1.0984 USD and a put spread roughly 0.8987 USD-0.9486 USD, bracketing the current 0.9985 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 TELO 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 TELO?
Best when you expect TELO to stay range-bound with falling or stable implied volatility into expiry — not ahead of an event likely to cause a big move.