01 — EEM · IRON CONDOR

Best EEM 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.

Dollar-sensitive basket with concentrated China and semiconductor exposure driving most of the volatility.

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iShares MSCI Emerging Markets ETF
International ETF
EEM
$61.04-8.6% / 30d
IV rank (1y)
34.1% · moderate
Option vol
3K /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
Sort by
Top pick · 4-leg iron condor
$55/$56P + $66/$68.5C · Nov 27
27 DAYS · BOTH WINGS 3 WIDE · SELL TO OPEN
Credit
$84
Return
50.6%
PoP
71%
WingsExpirationCreditReturn ↓PoP
$57P / $65C
3 wide wings
Dec 4
34 days
$70
$0.70 / share
38.89%62%
$55P / $67C
5 wide wings
Dec 4
34 days
$98
$0.98 / share
24.38%72%
$55P / $67C
5 wide wings
Nov 27
27 days
$70
$0.70 / share
16.28%73%
$56P / $66C
3 wide wings
Dec 4
34 days
$28
$0.28 / share
12.61%65%
$57P / $65C
3 wide wings
Nov 27
27 days
$14
$0.14 / share
5.93%64%
6 of 6 matchesCustomize filters →

03 — Strategy

Iron Condor, plainly explained

Traders expecting consolidation and seeking bounded risk/reward.

P&L at expiration · $55/$56P + $66/$68.5C · 27 DTE

$0+$84−$166$55$56P$66C$69

Key numbers

Premium collected+$84
Max profit+$84
Max loss−$166
Profit zone$55.16 — $66.84
Probability of profit71%
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 EEM.

      Alpha Hawk scans live chains and recommends setups based on current market conditions.

      Analyze EEM free →