Foundations
·
8 min
The payoff diagram at expiration
A curve that reads max profit, max loss, and breakeven at a glance. Same shape across thousands of strategies.
In this lesson
- Long call: a hockey stick
- Long put: the mirror
- Why the diagram is the foundation tool
- Reading max profit honestly
Read the full lesson in the app
The complete lesson, with worked examples, callouts, and a quiz to test yourself, is in Iron Condor Options.
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