Probability of Profit

POP is the modeled probability that a position closes at any profit at expiration. ACondor calculates POP conservatively as 1 minus the sum of the absolute values of the short deltas. For a 30-delta iron condor: POP = 1 - 0.30 - 0.30 = 0.40. This is stricter than tastytrade's wider POP that includes the credit cushion to breakeven. The POP floor in each engine is shipped disabled by default precisely because this conservative metric would reject most default condors if set too high.