The Iron Condor Calculator helps you plan a non-directional options strategy designed to generate income in a low-volatility market. It involves four option contracts (two calls, two puts) to define a strict profit zone with limited risk.
Market Intelligence
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— Mahavir Hirani, Lead Analyst
The Iron Condor Calculator helps you plan a non-directional options strategy designed to generate income in a low-volatility market. It involves four option contracts (two calls, two puts) to define a strict profit zone with limited risk.
Hindi Introduction
आयरन कोंडोर कैलकुलेटर आपको एक स्थिर बाजार में नियमित आय बनाने में मदद करता है। यह टूल आपके चार-लेग ऑप्शंस सेटअप के लिए सटीक गणितीय सीमाएं और लाभ की संभावनाओं का विश्लेषण करता है।
How Iron Condor Works
An Iron Condor combines a Bear Call Spread (selling OTM Call, buying further OTM Call) and a Bull Put Spread (selling OTM Put, buying further OTM Put). You collect premium from the short strikes while the long wings protect you from extreme moves.
Max Profit = Net Premium ReceivedWhere:
- • Max Loss = Width of Spread - Net Premium
- • Upper BE = Short Call Strike + Net Premium
- • Lower BE = Short Put Strike - Net Premium
Iron Condor Setup
Nifty @ 18,000.\n• Sell 18,200 Call & 17,800 Put (Short Strikes)\n• Buy 18,400 Call & 17,600 Put (Long Wings)\n• Net Credit: ₹50.\n\nResult: You keep the ₹50 if Nifty stays between 17,800 and 18,200 at expiry.
Range: 17,800 - 18,200
Max Profit: ₹50 (Credit)
Max Loss: 200 (Width) - 50 = ₹150
View: Neutral / Range-bound
How to Perform Stock Fundamental Analysis
1
Search Ticker
Enter the name or NSE/BSE symbol of the Indian stock.
2
Audit Financials
Review key ratios like P/E, Debt-to-Equity, and ROCE.
3
Intrinsic Value
Check the DCF or Graham value signals to see if the stock is undervalued.
4
Final Assessment
Review the AI-generated 'Stock Score' for a holistic health check.
Iron Condor vs Short Straddle
Income Strategy Comparison:
| Feature | Iron Condor | Short Straddle |
|---|---|---|
| Risk | Limited (Defined) | Unlimited |
| Profit Potential | Lower (Premium - Insurance) | Higher (Full Premium) |
| Margin | Lower (Hedging benefit) | High |
| Adjustments | Harder to adjust | Easier to roll |
Frequently Asked Questions
⚠️ Disclaimer
Calculations are for educational purposes. Consult a financial advisor before investing.