Hi guys,
this iron condor is with 3 weeks expire and 4% strike.
So the short legs are 28.5 and 31.
Probability of success is 56%, so our Rew/risk is 100-56/56= 0.78
With 1$ spread iollect 0.52 credit
Max profit 52
Max loss 48
Rew/risk for this operation is 52/48=1.08, 40% more than 0.78
Enjoy your wallet!
Tari.