How are UFPT 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 UFPT iron condor priced from the end-of-day chain at a 30-day expiry (ATM IV 36.80%), the computed maximum profit is $150.50 per contract and the computed maximum loss is -$849.50 per contract. Live intraday quotes will differ as the chain moves through the trading session.

What is the breakeven for a UFPT iron condor?

The breakeven for the UFPT iron condor priced on this page is roughly $248.50 and $281.51 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 UFPT market-implied 1-standard-deviation expected move is approximately 10.55%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.

How does current UFPT implied volatility affect this iron condor?

UFPT ATM IV is at 36.80% with IV rank near 35.70%, 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.

UFPT Iron Condor Strategy

UFPT (UFP Technologies, Inc.), in the Healthcare sector, (Medical - Devices industry), listed on NASDAQ.

UFP Technologies, Inc. specializes in the engineering and custom fabrication of components, subassemblies, finished products, and packaging, primarily utilizing advanced foams, films, and plastics. A significant portion of its business is dedicated to the medical sector, where its single-use and single-patient devices and parts are integral to a broad spectrum of applications, including general medical devices, disposable wound care, infection control, minimally invasive surgical tools, wearable technologies, orthopedic soft goods, and protective packaging for orthopedic implants. Beyond healthcare, the company extends its expertise to the automotive, aerospace and defense, consumer, electronics, and industrial markets. Here, its engineered products and components are incorporated into diverse items such as military uniform and gear, automotive interior trim, athletic padding, sustainable protective packaging, air filtration systems, abrasive nail files, and custom protective cases and inserts. UFP Technologies markets and distributes its offerings across the United States, predominantly through a direct sales force supported by independent manufacturer representatives. The company, established in 1963, is headquartered in Newburyport, Massachusetts.

UFPT (UFP Technologies, Inc.) trades in the Healthcare sector, specifically Medical - Devices, with a market capitalization of approximately $2.01B, a trailing P/E of 29.23, a beta of 1.10 versus the broader market, a 52-week range of 173.86-274.93, average daily share volume of 214K, a public-listing history dating back to 1993, approximately 4K full-time employees. These structural characteristics shape how UFPT stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 1.10 places UFPT 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 UFPT?

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 UFPT snapshot

As of June 29, 2026, spot at $263.88, ATM IV 36.80%, IV rank 35.70%, expected move 10.55%. The iron condor on UFPT 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 18-day expiry.

Why this iron condor structure on UFPT specifically: UFPT IV at 36.80% is mid-range versus its 1-year history, so the credit collected on a UFPT iron condor sits in line with its long-run distribution, with a market-implied 1-standard-deviation move of approximately 10.55% (roughly $27.84 on the underlying). The 18-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated UFPT expiries trade a higher absolute premium for lower per-day decay. Position sizing on UFPT should anchor to the underlying notional of $263.88 per share and to the trader's directional view on UFPT stock.

UFPT iron condor setup

The UFPT 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 UFPT near $263.88, the first option leg uses a $280.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed UFPT chain at a 18-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 UFPT shares for the stock leg in covered calls and collars).

Action	Type	Strike / Basis	Premium (est)
Sell 1	Call	$280.00	$2.37
Buy 1	Call	$290.00	$0.89
Sell 1	Put	$250.00	$5.05
Buy 1	Put	$240.00	$5.03

UFPT iron condor risk and reward

Net Premium / Debit: +$150.50
Max Profit (per contract): $150.50
Max Loss (per contract): -$849.50
Breakeven(s): $248.50, $281.51
Risk / Reward Ratio: 0.177

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.

UFPT iron condor payoff curve

Modeled P&L at expiration across a range of underlying prices for the iron condor on UFPT. 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.

P&L at expiration across the modeled underlying-price range. Green shading marks profitable regions, red shading marks loss regions. Dotted purple verticals mark breakevens; the solid dark vertical marks current spot.

Underlying Price	% From Spot	P&L at Expiration
$0.01	-100.0%	-$849.50
$58.35	-77.9%	-$849.50
$116.70	-55.8%	-$849.50
$175.04	-33.7%	-$849.50
$233.39	-11.6%	-$849.50
$291.73	+10.6%	-$849.50
$350.08	+32.7%	-$849.50
$408.42	+54.8%	-$849.50
$466.76	+76.9%	-$849.50
$525.11	+99.0%	-$849.50

When traders use iron condor on UFPT

Iron condors on UFPT are a delta-neutral premium-collection structure that profits if UFPT stock stays inside the inner short strikes; short strikes typically sit near 1 standard deviation from spot.

UFPT thesis for this iron condor

The market-implied 1-standard-deviation range for UFPT extends from approximately $236.04 on the downside to $291.72 on the upside. A UFPT iron condor is a delta-neutral premium-collection structure that pays off when UFPT 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 UFPT IV rank near 35.70% is mid-range against its 1-year distribution, so the IV signal is neutral; the iron condor thesis on UFPT should anchor more to the directional view and the expected-move geometry. As a Healthcare name, UFPT options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to UFPT-specific events.

UFPT 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. UFPT positions also carry Healthcare sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move UFPT alongside the broader basket even when UFPT-specific fundamentals are unchanged. Short-premium structures like a iron condor on UFPT carry tail risk when realized volatility exceeds the implied move; review historical UFPT earnings reactions and macro stress periods before sizing. Always rebuild the position from current UFPT chain quotes before placing a trade.

Frequently asked questions

What is a iron condor on UFPT?: A iron condor on UFPT is the iron condor strategy applied to UFPT (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 UFPT stock trading near $263.88, the strikes shown on this page are snapped to the nearest listed UFPT chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
How are UFPT 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 UFPT iron condor priced from the end-of-day chain at a 30-day expiry (ATM IV 36.80%), the computed maximum profit is $150.50 per contract and the computed maximum loss is -$849.50 per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a UFPT iron condor?: The breakeven for the UFPT iron condor priced on this page is roughly $248.50 and $281.51 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 UFPT market-implied 1-standard-deviation expected move is approximately 10.55%; 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 UFPT?: Iron condors on UFPT are a delta-neutral premium-collection structure that profits if UFPT stock stays inside the inner short strikes; short strikes typically sit near 1 standard deviation from spot.
How does current UFPT implied volatility affect this iron condor?: UFPT ATM IV is at 36.80% with IV rank near 35.70%, 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.