Advanced Options Strategy

Iron Condor Calculator

Master the iron condor strategy with our advanced calculator. Calculate max profit, max loss, breakeven points, and visualize your payoff diagram for optimal options trading.

Strike & Premium Setup

Put Spread (Bear Put Spread)
Lower Put Strike (Sell) Sell put
Lower Put Premium Received
Higher Put Strike (Buy) Buy put
Higher Put Premium Paid
Call Spread (Bull Call Spread)
Lower Call Strike (Sell) Sell call
Lower Call Premium Received
Higher Call Strike (Buy) Buy call
Higher Call Premium Paid
Lot Size Contracts

Results

Net Credit Received
₹3,250
Maximum Profit Potential
Limited Risk Strategy
📈
Max Profit
₹3,250
📉
Max Loss
₹21,750
⚖️
Risk/Reward
1:6.7
🎯
ROI Potential
14.9%
Breakeven Points
⬇️
Lower Breakeven
17,935
⬆️
Upper Breakeven
19,065
🎯

Strategy Analysis

  • Net Credit: You receive ₹3,250 immediately
  • Profit Zone: Between 17,935 - 19,065
  • Max Loss: ₹21,750 if price moves beyond strikes
Iron Condor Strategy Tips
Best for neutral markets. Iron condors profit when the underlying stays within a range. Use in low volatility environments. Monitor both breakeven points. Exit if price approaches strikes. Consider 30-45 days to expiration for optimal time decay.