OptionProfit

Iron Condor Options Profit Calculator

Four legs, profit from low volatility between two strikes.

Symbol
Position Legs
Enter a symbol above and select expiry to load live options data
Leg 1 — Short Put
Leg 2 — Long Put
Leg 3 — Short Call
Leg 4 — Long Call
Settings
Strategy Results

Select an expiry and strike to analyze your Iron Condor

P&L Chart
Enter strike and premium to see P&L chart
P&L Heatmap
price × DTE
Enter position details to see P&L heatmap
Position Greeks

Greeks appear once strikes are entered

What is a Iron Condor Options Calculator?

Sell an OTM put spread + sell an OTM call spread. Collect net credit; profit if stock stays in the middle range at expiry. Classic income strategy during low-volatility periods.

Max risk
limited
Max reward
limited
Legs
4 legs