Learn/Iron Condor/ORCL

01 — ORCL · IRON CONDOR

Best ORCL 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.

Mega-cap enterprise software name with options flow tied to OCI growth and AI infrastructure RPO.

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Oracle
Software / Cloud
ORCL
$130.67-4.5% / 30d
IV rank (1y)
65.9% · elevated
Next earnings
Dec 14
Market cap
$396.1B
P/E (fwd)
11.8
Dividend
$2.00 · Oct 9
Option vol
94K /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
$105/$110P + $152.5/$155C · Dec 4
34 DAYS · BOTH WINGS 5 WIDE · SELL TO OPEN
Credit
$132
Return
35.87%
PoP
68%
WingsExpirationCreditReturn ↓PoP
$110P / $152.5C
5 wide wings
Nov 27
27 days
$110
$1.10 / share
28.21%72%
$115P / $146C
5 wide wings
Nov 27
27 days
$107
$1.07 / share
27.23%60%
3 of 3 matchesCustomize filters →

03 — Strategy

Iron Condor, plainly explained

Traders expecting consolidation and seeking bounded risk/reward.

P&L at expiration · $105/$110P + $152.5/$155C · 34 DTE

$0+$132−$368$105$110P$153C$155

Key numbers

Premium collected+$132
Max profit+$132
Max loss−$368
Profit zone$108.68 — $153.82
Probability of profit68%
Days to expiration34

When this trade makes sense

Use when

    Avoid when

      Read the full iron condor guide →

      04 — By condition

      Read by market condition

      01
      High Implied Volatility
      READ →
      02
      Range-Bound Market
      READ →
      03
      Earnings Week
      READ →
      04
      Bullish Trend
      READ →
      05
      Post-Earnings IV Crush
      READ →

      05 — RUN IT LIVE

      See the highest chance of profit on ORCL.

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

      Analyze ORCL free →