01 — WMT · IRON CONDOR

Best WMT 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.

Mega-cap defensive name with steady options flow tied to grocery share, e-commerce, and ad-business growth.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Walmart
Consumer Staples
WMT
$121.25+16.7% / 30d
IV rank (1y)
15.2% · low
Next earnings
Nov 19
Market cap
$964.9B
P/E (fwd)
37.6
Dividend
$0.96 · Dec 11
Option vol
47K /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
$102/$105P + $132/$135C · Dec 4
36 DAYS · BOTH WINGS 3 WIDE · SELL TO OPEN
Credit
$78
Return
35.14%
PoP
73%
WingsExpirationCreditReturn ↓PoP
$109P / $129C
3 wide wings
Dec 4
36 days
$77
$0.77 / share
34.53%61%
$110P / $128C
3 wide wings
Nov 20
22 days
$71
$0.71 / share
31%61%
$108P / $130C
3 wide wings
Nov 27
29 days
$63
$0.63 / share
26.58%68%
$107P / $131C
3 wide wings
Nov 27
29 days
$62
$0.62 / share
26.05%71%
$106P / $132C
3 wide wings
Dec 4
36 days
$62
$0.62 / share
26.05%72%
$108P / $130C
3 wide wings
Dec 4
36 days
$62
$0.62 / share
26.05%65%
$106P / $132C
3 wide wings
Nov 27
29 days
$58
$0.58 / share
23.97%72%
$108P / $130C
3 wide wings
Nov 20
22 days
$52
$0.52 / share
20.97%69%
$109P / $129C
3 wide wings
Nov 20
22 days
$52
$0.52 / share
20.97%65%
10 of 14 matchesCustomize filters →

03 — Strategy

Iron Condor, plainly explained

Traders expecting consolidation and seeking bounded risk/reward.

P&L at expiration · $102/$105P + $132/$135C · 36 DTE

$0+$78−$222$102$105P$132C$135

Key numbers

Premium collected+$78
Max profit+$78
Max loss−$222
Profit zone$104.22 — $132.78
Probability of profit73%
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 WMT.

      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.