01 — BABA · IRON CONDOR

Best BABA 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.

ADR with two-track volatility: company fundamentals plus China policy and US-listing risk overlay.

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Alibaba
Consumer / Tech (China)
BABA
$99.54-7.4% / 30d
IV rank (1y)
35.4% · moderate
Next earnings
Nov 24
Market cap
$247.6B
P/E (fwd)
10.7
Dividend
$7.24 · Jun 11
Option vol
26K /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
$87/$90P + $112/$114C · Dec 4
36 DAYS · BOTH WINGS 3 WIDE · SELL TO OPEN
Credit
$200
Return
200%
PoP
62%
WingsExpirationCreditReturn ↓PoP
$91P / $111C
3 wide wings
Nov 27
29 days
$195
$1.95 / share
185.71%62%
$90P / $112C
3 wide wings
Nov 27
29 days
$172
$1.72 / share
134.38%65%
$89P / $113C
3 wide wings
Dec 4
36 days
$161
$1.61 / share
115.83%65%
$90P / $112C
5 wide wings
Nov 20
22 days
$71
$0.71 / share
16.55%71%
$89P / $113C
3 wide wings
Nov 27
29 days
$26
$0.26 / share
9.49%68%
6 of 6 matchesCustomize filters →

03 — Strategy

Iron Condor, plainly explained

Traders expecting consolidation and seeking bounded risk/reward.

P&L at expiration · $87/$90P + $112/$114C · 36 DTE

$0+$200−$100$87$90P$112C$114

Key numbers

Premium collected+$200
Max profit+$200
Max loss−$100
Profit zone$88.00 — $114.00
Probability of profit62%
Days to expiration36

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 BABA.

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      Option Agent is not a registered investment advisor, broker-dealer, or financial planner. All analysis, recommendations, and data are for informational and educational purposes only and do not constitute personalized investment advice. Options trading involves substantial risk of loss and is not suitable for all investors. Past probability calculations do not guarantee future results. Consult a qualified financial advisor before making investment decisions.