01 — PYPL · IRON CONDOR

Best PYPL 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.

Mature payments name with moderate options flow tied to active-account growth and Venmo monetization.

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Financials / Fintech
PYPL
$57.01+8.5% / 30d
IV rank (1y)
7.1% · low
Next earnings
Oct 27
Market cap
$47.4B
P/E (fwd)
9.7
Dividend
$0.56 · Sep 4
Option vol
18K /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
$48/$51P + $63/$65C · Dec 4
34 DAYS · BOTH WINGS 3 WIDE · SELL TO OPEN
Credit
$108
Return
56.25%
PoP
73%
WingsExpirationCreditReturn ↓PoP
$53P / $61C
3 wide wings
Nov 27
27 days
$75
$0.75 / share
33.33%62%
$52P / $62C
3 wide wings
Nov 27
27 days
$52
$0.52 / share
20.97%72%
$52P / $62C
3 wide wings
Dec 4
34 days
$45
$0.45 / share
17.65%69%
$51P / $63C
3 wide wings
Nov 27
27 days
$18
$0.18 / share
6.38%75%
5 of 5 matchesCustomize filters →

03 — Strategy

Iron Condor, plainly explained

Traders expecting consolidation and seeking bounded risk/reward.

P&L at expiration · $48/$51P + $63/$65C · 34 DTE

$0+$108−$192$48$51P$63C$65

Key numbers

Premium collected+$108
Max profit+$108
Max loss−$192
Profit zone$49.92 — $64.08
Probability of profit73%
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 PYPL.

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