01 — BABA · IRON CONDOR

Best BABA iron condor setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

ADR with two-track volatility: company fundamentals plus China policy and US-listing risk overlay.

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Alibaba
Consumer / Tech (China)
BABA
$98.04-8.8% / 30d
IV rank (1y)
35.4% · moderate
Next earnings
Nov 24
Market cap
$243.9B
P/E (fwd)
10.5
Dividend
$7.24 · Jun 11
Option vol
35K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.

Days to expiration
Probability of profit
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Top pick · 4-leg iron condor
$85/$87P + $109/$111C · Nov 27
27 DAYS · BOTH WINGS 2 WIDE · SELL TO OPEN
Credit
$71
Return
55.04%
PoP
65%
WingsExpirationCreditReturn ↓PoP
$88P / $108C
3 wide wings
Nov 27
27 days
$88
$0.88 / share
41.51%62%
$85P / $111C
5 wide wings
Nov 27
27 days
$77
$0.77 / share
18.2%72%
$85P / $111C
5 wide wings
Dec 4
34 days
$57
$0.57 / share
12.87%68%
4 of 4 matchesCustomize filters →

03 — Strategy

Iron Condor, plainly explained

Traders expecting consolidation and seeking bounded risk/reward.

P&L at expiration · $85/$87P + $109/$111C · 27 DTE

$0+$71−$129$85$87P$109C$111

Key numbers

Premium collected+$71
Max profit+$71
Max loss−$129
Profit zone$86.29 — $109.71
Probability of profit65%
Days to expiration27

When this trade makes sense

Use when

    Avoid when

      Read the full iron condor guide →

      05 — RUN IT LIVE

      See the highest chance of profit on BABA.

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