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Iron Condor Calculator
Iron StrategiesneutralDefined Risk
Sell a call spread and a put spread to profit from low volatility with defined risk.
What Is a Iron Condor?
Sell a call spread and a put spread to profit from low volatility with defined risk. This strategy has a neutral outlook and defined risk.
Setup
BUY1x OTM3 PUT
SELL1x OTM1 PUT
SELL1x OTM1 CALL
BUY1x OTM3 CALL
Max Profit
Net credit received
Max Loss
Wing width - net credit
Breakeven
Short put - credit | Short call + credit