Jump to content

Iron Condor Strike price model

Recommended Posts

Hey everyone,


I think I’ve got this thing working. For anyone interested I’ve built a tool/model that lets the user who wants more certainty on where to set your call and put strike prices for an iron condor.


the user inputs the stock ticker, current price, number of trading days and probability of risk to take on ( can adjust based on implied volatility in the market like fed decisions or earnings).

if you zoom in to the top right (example) of the attached photo you will see the price range to set on an iron condor trade considering how much the given stock moves historically within your set trading days.


i built this in open source R studio so this is ready to go and only requires a few packages to be installed (free).

let me know if your interested 🙂





Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.