AMPG Iron Condor Strategy
AMPG (AmpliTech Group, Inc.), in the Technology sector, (Communication Equipment industry), listed on NASDAQ.
AmpliTech Group, Inc. designs, engineers, and assembles micro-wave component-based amplifiers. The company's products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains. It also provides specialty microwave block downconverters used as a test device on satellite access point antennas; specialty microwave 1:2 Tx protection switch panels that is used in satellite communication earth stations; desktop/benchtop and compact wideband power amplifiers; and waveguide to coaxial adapters for SATCOM and satellite internet gateway systems. In addition, the company offers cryogenic amplifiers for quantum computing, medical, RF imaging, research and development, space communications, accelerators, radiometry, and telephony applications; and cryogenic and non-cryogenic 4g/5g small cell subsystems for high-speed networks and airline Wi-Fi systems. Further, it provides custom assembly designs and non-recurring engineering services on a project-by-project basis, as well as IC packaging and lids products. The company serves aerospace, government, defense, commercial satellite, and wireless industries through sales representatives and distributors in the United States, Europe, the Middle East, and South Asia.
AMPG (AmpliTech Group, Inc.) trades in the Technology sector, specifically Communication Equipment, with a market capitalization of approximately $52.1M, a beta of -0.57 versus the broader market, a 52-week range of 1.64-4.89, average daily share volume of 558K, 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 -0.57 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 May 15, 2026, spot at $2.90, ATM IV 90.70%, IV rank 20.31%, expected move 26.00%. 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 34-day expiry.
Why this iron condor structure on AMPG specifically: AMPG IV at 90.70% is on the cheap side of its 1-year range, which means a premium-selling AMPG iron condor collects less credit per unit of strike-width risk, with a market-implied 1-standard-deviation move of approximately 26.00% (roughly $0.75 on the underlying). The 34-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 $2.90 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 $2.90, the first option leg uses a $3.05 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 34-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 | $3.05 | N/A |
| Buy 1 | Call | $3.19 | N/A |
| Sell 1 | Put | $2.76 | N/A |
| Buy 1 | Put | $2.61 | 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 $2.15 on the downside to $3.65 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 20.31% 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 AMPG at 90.70%. 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 $2.90, 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 90.70%), 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 26.00%; 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 90.70% with IV rank near 20.31%, 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.