Calculate Max Profit, Max Loss & Probability of Success
Confused by iron condor math? Can't figure out your max profit and breakeven points? Our calculator shows you everything about your trade—max profit, max loss, breakeven on both sides, and real assignment probability—all in one place.

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Four Different Strikes to Manage — All with different calculations
Multiple Breakeven Points — Call side and put side work differently
Max Profit is Hidden — You don't know if the premium is worth it
Assignment Risk is Complex — Could happen on either side, both, or neither

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Master the iron condor strategy with our comprehensive guides. Learn optimal strike selection, DTE optimization, and risk management techniques.
Short call strike, long call strike, short put strike, long put strike
What you collected from both short legs, what you paid for both long legs, plus DTE
See max profit if both sides expire worthless, max loss if stock moves outside both spreads
Max Profit
$350
Max Loss
$150
Safe Range
$573-$582
Probability of Max Profit
56%
Everything you need to know about getting started