OptionProfit

Iron Condor Options Profit Calculator

Four legs, profit from low volatility between two strikes.

Symbol
Position Legs
Select an expiry above to load options data and enable chain browsing
Leg 1Short Put
Leg 2Long Put
Leg 3Short Call
Leg 4Long 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
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