01 — QQQ · IRON CONDOR

Best QQQ 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.

Tech-concentrated ETF with liquid options and trend-sensitive intraday behavior.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Invesco QQQ Trust
Index ETF
QQQ
$690.49-6.7% / 30d
IV rank (1y)
49.3% · moderate
Option vol
831K /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
$640/$652P + $729/$739C · Nov 30
30 DAYS · BOTH WINGS 12 WIDE · SELL TO OPEN
Credit
$699
Return
139.52%
PoP
62%
WingsExpirationCreditReturn ↓PoP
$651P / $730C
11 wide wings
Nov 30
30 days
$501
$5.01 / share
83.64%63%
$650P / $731C
10 wide wings
Dec 4
34 days
$401
$4.01 / share
66.94%61%
$653P / $728C
10 wide wings
Nov 30
30 days
$357
$3.57 / share
55.52%61%
$650P / $731C
10 wide wings
Nov 30
30 days
$322
$3.22 / share
47.49%64%
$645P / $736C
10 wide wings
Dec 4
34 days
$306
$3.06 / share
44.09%65%
$650P / $731C
10 wide wings
Nov 27
27 days
$295
$2.95 / share
41.84%64%
$645P / $736C
10 wide wings
Nov 27
27 days
$284
$2.84 / share
39.66%69%
$645P / $736C
10 wide wings
Nov 30
30 days
$247
$2.47 / share
32.8%68%
$640P / $741C
10 wide wings
Nov 27
27 days
$237
$2.37 / share
31.06%73%
10 of 13 matchesCustomize filters →

03 — Strategy

Iron Condor, plainly explained

Traders expecting consolidation and seeking bounded risk/reward.

P&L at expiration · $640/$652P + $729/$739C · 30 DTE

$0+$699−$501$640$652P$729C$739

Key numbers

Premium collected+$699
Max profit+$699
Max loss−$501
Profit zone$645.01 — $735.99
Probability of profit62%
Days to expiration30

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 QQQ.

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