SEDG Iron Condor Strategy
SEDG (SolarEdge Technologies, Inc.), in the Energy sector, (Solar industry), listed on NASDAQ.
SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide. It operates through five segments: Solar, Energy Storage, e-Mobility, Critical Power, and Automation Machines. The company offers inverters, power optimizers, communication devices, and smart energy management solutions used in residential, commercial, and small utility-scale solar installations; and a cloud-based monitoring platform that collects and processes information from the power optimizers and inverters, as well as monitors and manages the solar PV system. It also provides residential, commercial, and large scale PV, energy storage and backup, electric vehicle charging, and home energy management solutions, as well as grid services; and e-Mobility, automation machines, lithium-ion cells and battery packs, and uninterrupted power supply solutions, as well as virtual power plants, which helps to manage the load on the grid and grid stability. In addition, the company offers pre-sales support, ongoing trainings, and technical support and after installation services. The company sells its products to the providers of solar PV systems; and solar installers and distributors, electrical equipment wholesalers, and PV module manufacturers, as well as engineering, procurement, and construction firms.
SEDG (SolarEdge Technologies, Inc.) trades in the Energy sector, specifically Solar, with a market capitalization of approximately $2.60B, a beta of 1.18 versus the broader market, a 52-week range of 13.73-53.75, average daily share volume of 3.9M, a public-listing history dating back to 2015, approximately 4K full-time employees. These structural characteristics shape how SEDG stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 1.18 places SEDG 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 SEDG?
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 SEDG snapshot
As of May 15, 2026, spot at $62.17, ATM IV 120.11%, IV rank 89.73%, expected move 34.44%. The iron condor on SEDG 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 28-day expiry.
Why this iron condor structure on SEDG specifically: SEDG IV at 120.11% is rich versus its 1-year range, which favors premium-selling structures like a SEDG iron condor, with a market-implied 1-standard-deviation move of approximately 34.44% (roughly $21.41 on the underlying). The 28-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated SEDG expiries trade a higher absolute premium for lower per-day decay. Position sizing on SEDG should anchor to the underlying notional of $62.17 per share and to the trader's directional view on SEDG stock.
SEDG iron condor setup
The SEDG 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 SEDG near $62.17, the first option leg uses a $65.28 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed SEDG chain at a 28-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 SEDG shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Sell 1 | Call | $65.28 | N/A |
| Buy 1 | Call | $68.39 | N/A |
| Sell 1 | Put | $59.06 | N/A |
| Buy 1 | Put | $55.95 | N/A |
SEDG 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.
SEDG iron condor payoff curve
Modeled P&L at expiration across a range of underlying prices for the iron condor on SEDG. 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 SEDG
Iron condors on SEDG are a delta-neutral premium-collection structure that profits if SEDG stock stays inside the inner short strikes; short strikes typically sit near 1 standard deviation from spot.
SEDG thesis for this iron condor
The market-implied 1-standard-deviation range for SEDG extends from approximately $40.76 on the downside to $83.58 on the upside. A SEDG iron condor is a delta-neutral premium-collection structure that pays off when SEDG 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 SEDG IV rank near 89.73% sits in the upper third of its 1-year distribution, which historically reverts; this raises the bar for premium-buying structures and lowers it for premium-selling structures on SEDG at 120.11%. As a Energy name, SEDG options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to SEDG-specific events.
SEDG 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. SEDG positions also carry Energy sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move SEDG alongside the broader basket even when SEDG-specific fundamentals are unchanged. Short-premium structures like a iron condor on SEDG carry tail risk when realized volatility exceeds the implied move; review historical SEDG earnings reactions and macro stress periods before sizing. Always rebuild the position from current SEDG chain quotes before placing a trade.
Frequently asked questions
- What is a iron condor on SEDG?
- A iron condor on SEDG is the iron condor strategy applied to SEDG (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 SEDG stock trading near $62.17, the strikes shown on this page are snapped to the nearest listed SEDG chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are SEDG 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 SEDG iron condor priced from the end-of-day chain at a 30-day expiry (ATM IV 120.11%), 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 SEDG iron condor?
- The breakeven for the SEDG 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 SEDG market-implied 1-standard-deviation expected move is approximately 34.44%; 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 SEDG?
- Iron condors on SEDG are a delta-neutral premium-collection structure that profits if SEDG stock stays inside the inner short strikes; short strikes typically sit near 1 standard deviation from spot.
- How does current SEDG implied volatility affect this iron condor?
- SEDG ATM IV is at 120.11% with IV rank near 89.73%, which is elevated relative to its 1-year range. Premium-selling structures (covered call, cash-secured put, iron condor) generally look more attractive when IV rank is high; premium-buying structures (long call, long put, debit spreads) are more expensive in that regime.