Condor Predictor

See the value of a short iron condor or put credit spread every day, for every market move — with your profit-target close line marked. Enter the numbers; the chart updates live. Nothing leaves your browser.

Implied vol defaults to a mild 10% — set it to your underlying's current IV. For reference, broad-index vol (VIX / RVX) normally sits ~15–30%, and even the 2008 and 2020 panics topped out near ~90% (a bit higher for small-caps); the field accepts up to 200% — well past anything an index has ever printed. Single names can run hotter.

Black-Scholes with a flat implied vol; $100 per index point; calendar-day decay. A real broker analyzer uses live per-strike IV and your actual fill, and a selloff lifts put-side IV — so treat this as a close model, not a quote.