AMPG Iron Condor Strategy
AMPG (AmpliTech Group, Inc.), in the Technology sector, (Communication Equipment industry), listed on NASDAQ.
AmpliTech Group, Inc. specializes in the design, engineering, and manufacturing of microwave component-based amplifiers. Their diverse portfolio encompasses radio frequency (RF) amplifiers and associated subsystems, including low noise amplifiers (LNAs) crucial for receivers in various communication platforms such as Wi-Fi, radar, satellite, base stations, and cellular networks, as well as medium power amplifiers (MPAs) designed to boost output power and gain in transceiver chains. Furthermore, AmpliTech offers an array of specialized microwave devices, including block downconverters for testing satellite access point antennas, 1:2 Tx protection switch panels for satellite communication earth stations, versatile wideband power amplifiers (desktop/benchtop/compact), and waveguide to coaxial adapters for SATCOM and satellite internet gateway systems. Notably, the company produces cutting-edge cryogenic amplifiers, vital for advanced applications spanning quantum computing, medical imaging, RF research, space communications, accelerators, radiometry, and telephony. They also provide cryogenic and non-cryogenic 4G/5G small cell subsystems, essential for high-speed network infrastructure and in-flight Wi-Fi solutions. Beyond its product offerings, AmpliTech provides custom assembly designs, non-recurring engineering (NRE) services on a project basis, alongside IC packaging and lid solutions.
AMPG (AmpliTech Group, Inc.) trades in the Technology sector, specifically Communication Equipment, with a market capitalization of approximately $137.5M, a beta of -0.17 versus the broader market, a 52-week range of 1.64-10.11, average daily share volume of 3.9M, a public-listing history dating back to 2021, approximately 47 full-time employees. These structural characteristics shape how AMPG stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of -0.17 indicates AMPG has historically moved less than the broader market, dampening realized volatility and producing tighter expected-move bands per unit of dollar exposure.
What is a iron condor on AMPG?
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.
Current AMPG snapshot
As of June 30, 2026, spot at $7.14, ATM IV 130.50%, IV rank 31.86%, expected move 37.41%. The iron condor on AMPG below is built from the same end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 17-day expiry.
Why this iron condor structure on AMPG specifically: AMPG IV at 130.50% is mid-range versus its 1-year history, so the credit collected on a AMPG iron condor sits in line with its long-run distribution, with a market-implied 1-standard-deviation move of approximately 37.41% (roughly $2.67 on the underlying). The 17-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated AMPG expiries trade a higher absolute premium for lower per-day decay. Position sizing on AMPG should anchor to the underlying notional of $7.14 per share and to the trader's directional view on AMPG stock.
AMPG iron condor setup
The AMPG 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 AMPG near $7.14, the first option leg uses a $7.50 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed AMPG chain at a 17-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 AMPG shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Call | $7.50 | N/A |
| Buy 1 | Call | $7.85 | N/A |
| Sell 1 | Put | $6.78 | N/A |
| Buy 1 | Put | $6.43 | N/A |
AMPG 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.
AMPG iron condor payoff curve
Modeled P&L at expiration across a range of underlying prices for the iron condor on AMPG. 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 AMPG
Iron condors on AMPG are a delta-neutral premium-collection structure that profits if AMPG stock stays inside the inner short strikes; short strikes typically sit near 1 standard deviation from spot.
AMPG thesis for this iron condor
The market-implied 1-standard-deviation range for AMPG extends from approximately $4.47 on the downside to $9.81 on the upside. A AMPG iron condor is a delta-neutral premium-collection structure that pays off when AMPG 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 AMPG IV rank near 31.86% is mid-range against its 1-year distribution, so the IV signal is neutral; the iron condor thesis on AMPG should anchor more to the directional view and the expected-move geometry. As a Technology name, AMPG options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to AMPG-specific events.
AMPG 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. AMPG positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move AMPG alongside the broader basket even when AMPG-specific fundamentals are unchanged. Short-premium structures like a iron condor on AMPG carry tail risk when realized volatility exceeds the implied move; review historical AMPG earnings reactions and macro stress periods before sizing. Always rebuild the position from current AMPG chain quotes before placing a trade.
Frequently asked questions
- What is a iron condor on AMPG?
- A iron condor on AMPG is the iron condor strategy applied to AMPG (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 AMPG stock trading near $7.14, the strikes shown on this page are snapped to the nearest listed AMPG chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are AMPG 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 AMPG iron condor priced from the end-of-day chain at a 30-day expiry (ATM IV 130.50%), 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 AMPG iron condor?
- The breakeven for the AMPG iron condor priced on this page is no defined breakeven on the modeled curve at expiration, derived from end-of-day chain premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The current AMPG market-implied 1-standard-deviation expected move is approximately 37.41%; 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 AMPG?
- Iron condors on AMPG are a delta-neutral premium-collection structure that profits if AMPG stock stays inside the inner short strikes; short strikes typically sit near 1 standard deviation from spot.
- How does current AMPG implied volatility affect this iron condor?
- AMPG ATM IV is at 130.50% with IV rank near 31.86%, which is mid-range against its 1-year history. Strategy selection depends more on directional thesis and expected move than on a strong IV signal.