01 — DIA · IRON CONDOR

Best DIA 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.

Price-weighted Dow tracker with options flow concentrated in retail covered-call writers.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
SPDR Dow Jones Industrial Average ETF
Index ETF
DIA
$522.73+2.8% / 30d
IV rank (1y)
13.3% · low
Option vol
10K /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
$495/$505P + $544/$555C · Dec 4
36 DAYS · BOTH WINGS 11 WIDE · SELL TO OPEN
Credit
$317
Return
40.49%
PoP
65%
WingsExpirationCreditReturn ↓PoP
$509P / $540C
10 wide wings
Nov 27
29 days
$288
$2.88 / share
40.45%61%
$511P / $538C
10 wide wings
Nov 20
22 days
$268
$2.68 / share
36.61%61%
$506P / $543C
12 wide wings
Dec 4
36 days
$320
$3.20 / share
36.36%63%
$507.5P / $542C
11 wide wings
Dec 4
36 days
$279
$2.79 / share
36.19%61%
$507P / $542C
10 wide wings
Dec 4
36 days
$265
$2.65 / share
36.05%61%
$503P / $546C
9 wide wings
Dec 4
36 days
$229
$2.29 / share
34.13%68%
$509P / $540C
10 wide wings
Nov 20
22 days
$241
$2.41 / share
31.75%65%
$500P / $549C
11 wide wings
Dec 4
36 days
$245
$2.45 / share
28.65%73%
$503P / $546C
9 wide wings
Nov 27
29 days
$195
$1.95 / share
27.66%73%
10 of 30 matchesCustomize filters →

03 — Strategy

Iron Condor, plainly explained

Traders expecting consolidation and seeking bounded risk/reward.

P&L at expiration · $495/$505P + $544/$555C · 36 DTE

$0+$317−$783$495$505P$544C$555

Key numbers

Premium collected+$317
Max profit+$317
Max loss−$783
Profit zone$501.83 — $547.17
Probability of profit65%
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 DIA.

      Option Agent scans live chains and recommends setups based on current market conditions.

      Analyze DIA free →

      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.