01 — IWM · IRON CONDOR

Best IWM 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.

Small-cap beta exposure with macro-sensitive implied volatility behavior.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD

iShares Russell 2000 ETF

Index ETF

IWM

$279.33+0.5% / 30d

IV rank (1y)

36.8% · moderate

Option vol

183K /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

$262/$267P + $292/$297C · Nov 27

27 DAYS · BOTH WINGS 5 WIDE · SELL TO OPEN

Credit

$207

Return

70.65%

PoP

63%

Wings	Expiration	Credit	Return ↓	PoP
$264P / $295C 5 wide wings	Dec 4 34 days	$173 $1.73 / share	52.91%	66%
$266P / $292.5C 5 wide wings	Dec 4 34 days	$156 $1.56 / share	45.35%	60%
$266P / $292.5C 5 wide wings	Nov 27 27 days	$154 $1.54 / share	44.51%	65%
$267.5P / $291C 5 wide wings	Nov 27 27 days	$150 $1.50 / share	42.86%	60%
$262.5P / $296C 6 wide wings	Dec 4 34 days	$144 $1.44 / share	35.47%	69%
$263P / $296C 5 wide wings	Nov 27 27 days	$125 $1.25 / share	33.33%	73%
$262P / $297C 5 wide wings	Dec 4 34 days	$108 $1.08 / share	27.55%	71%
$265P / $294C 5 wide wings	Dec 4 34 days	$107 $1.07 / share	27.23%	64%
$260P / $299C 5 wide wings	Dec 4 34 days	$106 $1.06 / share	26.9%	75%