What is an Iron Condor?

An Iron Condor is a neutral options strategy that involves selling an out-of-the-money put and call while buying a further out-of-the-money put and call to limit risk.

Options Strategy Payoff Builder

Construct and visualize multi-leg options strategies with P&L payoff diagrams.

Quick Summary: Options Strategy Payoff Builder

An Options Strategy Payoff Builder constructs visual payoff charts for multi-leg strategies like Straddles, Strangles, Iron Condors, and Spreads, displaying precise breakeven points, maximum profit, and maximum loss limits.

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Regulatory Disclaimer

Last verified May 2026

Statutory Disclosure

Nature:Calculator platform and is NOT a SEBI-registered Investment Adviser. All calculations are indicative.

Risk:"Investments in securities market are subject to market risks. Read all related documents carefully before investing."

Consult a SEBI-registered IA or CA for personalised advice.

9 out of 10 traders in F&O incurred net losses (SEBI 2023). Tax estimates based on IT Act 2025. Trezoriq is not liable for financial decisions based on results.