01 — TQQQ · IRON CONDOR

Best TQQQ 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.

+3x daily leveraged Nasdaq-100 ETF with high contract volume and structural decay risk.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
ProShares UltraPro QQQ
Leveraged ETF
TQQQ
$69.26-11.2% / 30d
IV rank (1y)
39.9% · moderate
Option vol
139K /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
$59/$62P + $82.5/$85C · Nov 27
29 DAYS · BOTH WINGS 3 WIDE · SELL TO OPEN
Credit
$151
Return
101.34%
PoP
63%
WingsExpirationCreditReturn ↓PoP
$60P / $84.5C
3 wide wings
Dec 4
36 days
$116
$1.16 / share
63.04%65%
$61P / $83.5C
3 wide wings
Nov 27
29 days
$114
$1.14 / share
61.29%66%
$59P / $85.5C
3 wide wings
Dec 4
36 days
$100
$1.00 / share
50%68%
$61P / $83.5C
3 wide wings
Dec 4
36 days
$100
$1.00 / share
50%62%
$60P / $84.5C
3 wide wings
Nov 27
29 days
$77
$0.77 / share
34.53%69%
$63P / $82C
3 wide wings
Nov 20
22 days
$72
$0.72 / share
31.58%62%
$62P / $83C
3 wide wings
Nov 20
22 days
$71
$0.71 / share
31%65%
$61P / $84C
3 wide wings
Nov 20
22 days
$62
$0.62 / share
26.05%68%
$59P / $85.5C
3 wide wings
Nov 27
29 days
$53
$0.53 / share
21.46%71%
10 of 14 matchesCustomize filters →

03 — Strategy

Iron Condor, plainly explained

Traders expecting consolidation and seeking bounded risk/reward.

P&L at expiration · $59/$62P + $82.5/$85C · 29 DTE

$0+$151−$149$59$62P$83C$85

Key numbers

Premium collected+$151
Max profit+$151
Max loss−$149
Profit zone$60.49 — $84.01
Probability of profit63%
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 TQQQ.

      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.