Finalect movies

Profit distributions of condors

The figures shows the payout distributions and profit diagrams for condors. The current price is 6000 and the maturity is in 90 days.

The left frame shows the distribution function of the profit and the density of the continuous part is also shown. The distribution is otherwise continuous, but there is a jump at the beginning and at the end. The y-scale is the scale of the density. The price-increments are assumed to follow a normal distribution.

The right frame shows the profit diagram.