AEYE Iron Condor Strategy
AEYE (AudioEye, Inc.), in the Technology sector, (Software - Application industry), listed on NASDAQ.
AudioEye, Inc. provides patented, Internet content publication and distribution software and related services to Internet and other media to people regardless of their device, location, or disabilities in the United States. Its software and services enable conversion of digital content into accessible formats and allow for real time distribution to end users on any Internet connected device. The company’s offering provides ongoing testing, automated fixes, and 24/7 monitoring that enhances conformance with web content accessibility guidelines; identifies and fixes the accessibility errors and addresses a range of disabilities, including dyslexia, color blindness, epilepsy, and others; and offers additional solutions to provide for enhanced compliance and accessibility, including periodic auditing, custom fixes by experts, and legal support services, as well as PDF remediation services, mobile application, and audit reporting services to help customers with their digital accessibility needs. It serves small- and medium-sized businesses, corporate enterprises, non-profit organizations, and federal government agencies, as well as federal, state, and local governments and agencies through content management system partners, platform and agency partners, authorized resellers, and the marketplace. AudioEye, Inc. was incorporated in 2005 and is based in Tucson, Arizona.
AEYE (AudioEye, Inc.) trades in the Technology sector, specifically Software - Application, with a market capitalization of approximately $72.6M, a beta of 0.86 versus the broader market, a 52-week range of 5.31-16.39, average daily share volume of 137K, a public-listing history dating back to 2013, approximately 116 full-time employees. These structural characteristics shape how AEYE stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 0.86 places AEYE roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline.
What is a iron condor on AEYE?
An iron condor sells a call spread and a put spread at strikes outside spot, collecting net premium that is kept if the underlying stays inside the inner short strikes.
AEYE snapshot
As of August 14, 2026, spot at $8.02, ATM IV 65.90%, IV rank 7.90%, expected move 18.89%. The iron condor on AEYE below is built from the end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 35-day expiry.
Why this iron condor structure on AEYE specifically: AEYE IV at 65.90% is on the cheap side of its 1-year range, which means a premium-selling AEYE iron condor collects less credit per unit of strike-width risk, with a market-implied 1-standard-deviation move of approximately 18.89% (roughly $1.52 on the underlying). The 35-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated AEYE expiries trade a higher absolute premium for lower per-day decay. Position sizing on AEYE should anchor to the underlying notional of $8.02 per share and to the trader's directional view on AEYE stock.
AEYE iron condor setup
The AEYE iron condor below is built from the end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With AEYE at $8.02 on that close, the first option leg uses a $8.42 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed AEYE chain at a 35-day expiry; the cross-strike IV skew is reflected directly in the per-leg values rather than approximated. Quantity sizing assumes one contract per option leg (or 100 AEYE shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Call | $8.42 | N/A |
| Buy 1 | Call | $8.82 | N/A |
| Sell 1 | Put | $7.62 | N/A |
| Buy 1 | Put | $7.22 | N/A |
AEYE iron condor risk and reward
- Net Premium / Debit
- N/A
- Max Profit (per contract)
- Unbounded
- Max Loss (per contract)
- Unbounded
- Breakeven(s)
- None on modeled curve
- Risk / Reward Ratio
- N/A
Max profit equals the net credit times 100 inside the inner strikes; max loss equals wing width minus credit times 100. Two breakevens at inner strikes plus and minus the credit.
AEYE iron condor payoff curve
Modeled P&L at expiration across a range of underlying prices for the iron condor on AEYE. Each row is one sampled price point from the computed payoff curve; the full curve uses 200 price points internally before being summarized into 10 rows here.
When traders use iron condor on AEYE
Iron condors on AEYE are a delta-neutral premium-collection structure that profits if AEYE stock stays inside the inner short strikes; short strikes typically sit near 1 standard deviation from spot.
AEYE thesis for this iron condor
The market-implied 1-standard-deviation range for AEYE extends from approximately $6.50 on the downside to $9.54 on the upside. A AEYE iron condor is a delta-neutral premium-collection structure that pays off when AEYE stays inside the inner short strikes through expiration; the wing width should reflect the trader's tolerance for the maximum loss scenario where the underlying breaches an outer strike. Current AEYE IV rank near 7.90% sits in the lower third of its 1-year distribution, where IV often re-expands toward the mean; this favors premium-buying structures and disadvantages premium-selling structures on AEYE at 65.90%. As a Technology name, AEYE options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to AEYE-specific events.
AEYE iron condor positions are structurally neutral / range-bound; the modeled P&L assumes European-style exercise at expiration and ignores early assignment, transaction costs, dividends paid before expiry on the stock leg (when present), and the bid-ask spread on the listed chain. AEYE positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move AEYE alongside the broader basket even when AEYE-specific fundamentals are unchanged. Short-premium structures like a iron condor on AEYE carry tail risk when realized volatility exceeds the implied move; review historical AEYE earnings reactions and macro stress periods before sizing. Always rebuild the position from current AEYE chain quotes before placing a trade.
Frequently asked questions
- What is a iron condor on AEYE?
- A iron condor on AEYE is the iron condor strategy applied to AEYE (stock). The strategy is structurally neutral / range-bound: An iron condor sells a call spread and a put spread at strikes outside spot, collecting net premium that is kept if the underlying stays inside the inner short strikes. With AEYE stock at $8.02 on the most recent close, the strikes shown on this page are snapped to the nearest listed AEYE chain strike and the premiums come straight from that session's bid/ask midpoint.
- How are AEYE iron condor max profit and max loss calculated?
- Max profit equals the net credit times 100 inside the inner strikes; max loss equals wing width minus credit times 100. Two breakevens at inner strikes plus and minus the credit. For the AEYE iron condor priced from the end-of-day chain at a 30-day expiry (ATM IV 65.90%), the computed maximum profit is unbounded per contract and the computed maximum loss is unbounded per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a AEYE iron condor?
- The breakeven for the AEYE iron condor priced on this page is no defined breakeven on the modeled curve at expiration, derived from the end-of-day chain's premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The AEYE market-implied 1-standard-deviation expected move in the same options snapshot is approximately 18.89%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a iron condor on AEYE?
- Iron condors on AEYE are a delta-neutral premium-collection structure that profits if AEYE stock stays inside the inner short strikes; short strikes typically sit near 1 standard deviation from spot.
- How does current AEYE implied volatility affect this iron condor?
- AEYE ATM IV is at 65.90% with IV rank near 7.90%, which is on the low end of its 1-year range. Premium-buying structures (long call, long put, debit spreads) are relatively cheap in this regime; premium-selling structures collect less credit per unit risk.