Option Profit Calculator

Option Profits Calculator

Iron Condor

Iron Condors are largely neutral four option strategies.

Long Iron Condors involve purchasing a put debit spread (also known as bear put spread) and purchasing a call debit spread (also known as a bull call spread). The long call generally has a lower price than the short call in order to generate a net debit. In contrast, the short put has a lower strike price than the long put in order to generate an additional net debit.

Short Iron Condors involve selling a put credit spread (also known as bull put spread) and selling a call credit spread (also known as a bear call spread). The long call generally has a higher strike price than the short call in order to generate a net credit. In contrast, the short put has a higher strike price than the long put in order to generate an additional net credit.

Stocktwits




Ticker:
Underlying Stock Current Price:
Number of Iron Condors Opened:
Select Expiration Date:
Long Call Strike Price:
Long Call Optional Custom IV: If no implied volatility value is provided, current market value will be used. No percentages.

Short Call Strike Price:
Sold Call Optional Custom IV: If no implied volatility value is provided, current market value will be used. No percentages.

Long Put Strike Price:
Purchased Put Optional Custom IV: If no implied volatility value is provided, current market value will be used. No percentages.

Short Put Strike Price:
Sold Put Optional Custom IV: If no implied volatility value is provided, current market value will be used. No percentages.



Display: