01 — META · IRON CONDOR

Best META 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.

High options activity with momentum bursts around product announcements and earnings.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Meta Platforms
Technology
META
$614.99-15.2% / 30d
IV rank (1y)
52.6% · moderate
Next earnings
Oct 21
Market cap
$1.57T
P/E (fwd)
17.3
Dividend
$2.10 · Sep 21
Option vol
65K /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
$545/$555P + $675/$685C · Dec 4
34 DAYS · BOTH WINGS 10 WIDE · SELL TO OPEN
Credit
$384
Return
62.34%
PoP
62%
WingsExpirationCreditReturn ↓PoP
$540P / $690C
10 wide wings
Dec 4
34 days
$380
$3.80 / share
61.29%70%
$560P / $670C
10 wide wings
Nov 27
27 days
$376
$3.76 / share
60.26%63%
$545P / $685C
10 wide wings
Nov 27
27 days
$338
$3.38 / share
51.06%72%
$545P / $685C
10 wide wings
Dec 4
34 days
$290
$2.90 / share
40.85%68%
$555P / $675C
10 wide wings
Nov 27
27 days
$288
$2.88 / share
40.45%66%
$550P / $680C
10 wide wings
Nov 27
27 days
$241
$2.41 / share
31.75%69%
$540P / $690C
10 wide wings
Nov 27
27 days
$224
$2.24 / share
28.87%75%
$550P / $680C
10 wide wings
Dec 4
34 days
$217
$2.17 / share
27.71%65%
$530P / $700C
10 wide wings
Dec 4
34 days
$94
$0.94 / share
10.38%75%
10 of 29 matchesCustomize filters →

03 — Strategy

Iron Condor, plainly explained

Traders expecting consolidation and seeking bounded risk/reward.

P&L at expiration · $545/$555P + $675/$685C · 34 DTE

$0+$384−$616$545$555P$675C$685

Key numbers

Premium collected+$384
Max profit+$384
Max loss−$616
Profit zone$551.16 — $678.84
Probability of profit62%
Days to expiration34

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 META.

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

      Analyze META free →