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
$715.34-3.3% / 30d
IV rank (1y)
38.3% · moderate
Option vol
4094K /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
$670/$680P + $771/$780C · Nov 27
29 DAYS · BOTH WINGS 10 WIDE · SELL TO OPEN
Credit
$451
Return
82.15%
PoP
69%
WingsExpirationCreditReturn ↓PoP
$688P / $763C
10 wide wings
Nov 20
22 days
$448
$4.48 / share
81.16%65%
$685P / $766C
10 wide wings
Nov 20
22 days
$365
$3.65 / share
57.48%68%
$685P / $766C
10 wide wings
Dec 4
36 days
$357
$3.57 / share
55.52%62%
$675P / $775C
10 wide wings
Nov 27
29 days
$341
$3.41 / share
51.75%73%
$680P / $771C
10 wide wings
Dec 4
36 days
$328
$3.28 / share
48.81%66%
$690P / $761C
10 wide wings
Nov 27
29 days
$316
$3.16 / share
46.2%61%
$672P / $779C
11 wide wings
Nov 30
32 days
$345
$3.45 / share
45.7%74%
$689P / $762C
10 wide wings
Nov 30
32 days
$286
$2.86 / share
40.06%61%
$689P / $762C
10 wide wings
Nov 20
22 days
$280
$2.80 / share
38.89%64%
10 of 44 matchesCustomize filters →

03 — Strategy

Iron Condor, plainly explained

Traders expecting consolidation and seeking bounded risk/reward.

P&L at expiration · $670/$680P + $771/$780C · 29 DTE

$0+$451−$549$670$680P$771C$780

Key numbers

Premium collected+$451
Max profit+$451
Max loss−$549
Profit zone$675.49 — $775.51
Probability of profit69%
Days to expiration29

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.

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

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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.