SPY Iron Condor Analyzer

Interactive Dashboard

Avg. OTC

Max OTC

Avg. Range

Max Range

True Daily Risk

Building Your Day Trade

Method 1

⚠️

OTC
(Risky)

Based on Open-to-Close volatility.

1.5 SD

Method 2

👍

Better

Conservative model using Avg Range.

Avg+0.5SD

Method 3

✔️

Robust

Highly conservative approach.

Avg+1.0SD

Method 4

💎

Locked

Maximum risk aversion.

Avg+1.5SD

Method 5

🛡️

Overkill

Extreme risk aversion.

Avg+2.0SD

Try It Out: Calculate Your Strikes

*Calculations assume a $1.00 wing width.

Daily Data Explorer

Date	Open	High	Low	Close	O-C($)	Range($)

Open-to-Close Strategy Success Rate

This table shows which days each method's calculated range would have contained the final closing price, based on that day's open.

Date	M1	M2	M3	M4	M5

Intraday Strategy Success Rate

This table back-tests each strategy against historical data. A "success" (✔️) means the Intraday High never went above the Sell Call and the Intraday Low never went below the Sell Put.

Date	M1	M2	M3	M4	M5