kundankishore.in
Option chain to open trade

Let's learn to construct an iron condor strategy

Underlying NIFTY 50 0 Spot
Call LTP Call delta Strike Put delta Put LTP
In the money calls
not used here
In the money puts
not used here
Out of the money
At the money
In the money, ignored
Sold leg
Protection
Your turn

Now trade it on paper, five times over

The tracker has every column you just saw. Credit, maximum profit, maximum loss, risk to reward and both break evens calculate themselves. You only choose the strikes.

Open the paper trading sheet →
01

Make your own copy of the sheet

02

Log at least five paper trades

03

Compare what each delta did to your result

Brokerage, STT and other charges are not included. Paper trading study tool, not advice.

Tap to begin