Condor Spread Calculator
Your condor
Direction / type
Put
(bearish)
Call
(bullish)
Current share price ($)
Days to expiration
Number of contracts
Lowest strike — long ($)
Lower short strike ($)
Anchor — the other three strikes follow it.
Upper short strike ($)
Anchor — the other three strikes follow it.
Highest strike — long ($)
Net credit received ($/share)
From your broker's quote. Use a negative number for a net debit.
Implied volatility (%) — for probability of profit
Results
—
Max profit
—
Max loss (defined risk)
—
Net credit / debit
—
Structure
—
Max-profit plateau
—
No-risk side
—
Breakeven(s)
—
Profit zone
—
Return on risk
—
Annualized return
—
—
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