/> Iron Condor Screener - Frenzy Capital

Iron Condor Screener

Find symbols with low breach rates and attractive premiums for selling iron condors.

Screener results are algorithmic and for informational purposes only. Scores do not constitute trading recommendations. Past performance is not indicative of future results. See Terms §17.

Filter Criteria
Results Found

Symbols matching your criteria

Avg Breach Rate

Average across all results

Avg Straddle

Average premium across results

Screening Results
Symbol Score ↕ Breach Rate Avg Straddle Straddle % Current Price IV Rank IV Premium Beta P/C Vol P/C OI Earn Days Earn Breach Observations Last Update Actions
DD 24.686 35.2% (190/539) $14.51 8.1% $131.56 18% 3.60x 1.19 0.04 0.20 38% 539 2026-09-03
MDGL 18.517 32.5% (170/523) $47.55 11.7% $544.54 31% 1.35x 0.32 1.56 0.34 25% 523 2026-09-03
PEN 17.574 30.9% (167/541) $20.25 11.2% $321.96 58% 2.56x 0.01 0.83 2.13 43% 541 2026-09-03
GLOB 16.718 38.3% (207/540) $12.48 15.6% $40.46 16% 1.82x 0.88 1.41 0.31 20% 540 2026-09-03
MTN 16.618 23.8% (125/524) $12.78 12.1% $136.72 44% 1.65x 0.48 1.23 2.08 32 12% 524 2026-09-03
APPF 15.876 39.7% (215/541) $20.67 13.2% $224.00 43% 1.75x 0.51 0.52 0.59 25% 541 2026-09-03
XOM 15.577 34.8% (182/523) $10.35 6.2% $163.56 30% 1.73x -0.53 0.52 0.49 12% 523 2026-09-03
KNSL 15.232 34.6% (187/540) $34.68 8.6% $381.69 47% 1.75x -0.19 0.11 0.18 49 12% 540 2026-09-03
RMD 14.997 33.1% (179/541) $17.54 7.5% $229.26 36% 1.88x 0.44 0.38 0.76 0% 541 2026-09-03
COST 13.775 29.8% (156/523) $50.08 5.5% $927.57 54% 1.85x -0.16 3.02 3.63 21 29% 523 2026-09-03
MRSH 13.413 31.2% (45/144) $10.60 6.1% $188.56 42% 1.60x -0.43 3.66 0.92 42 67% 144 2026-09-03
CHTR 13.087 36.8% (193/524) $27.85 10.3% $150.94 4% 1.26x 0.28 3.15 1.72 50% 524 2026-09-03
AMT 13.003 35.7% (193/541) $11.51 7.2% $177.77 8% 1.72x -0.13 0.73 0.73 54 0% 541 2026-09-03
ABG 12.771 36.4% (197/541) $19.21 9.8% $215.16 18% 1.63x 0.67 0.32 0.05 54 0% 541 2026-09-03
EFX 12.377 33.7% (182/540) $17.66 10.5% $187.33 38% 1.56x 0.52 0.58 0.45 47 12% 540 2026-09-03
LLY 12.282 39.2% (205/523) $72.95 7.1% $1154.42 20% 1.24x 0.31 1.13 0.69 62% 523 2026-09-03
ABVX 12.216 20.1% (45/224) $24.72 15.5% $114.90 7% 0.84x 0.94 2.10 4.03 18 0% 224 2026-09-03
BURL 12.111 30.8% (166/539) $25.09 8.2% $256.13 67% 1.58x 0.82 2.59 11.61 29% 539 2026-09-03
ALNY 12.043 36.8% (199/541) $30.53 12.3% $265.19 3% 1.19x 0.35 8.13 0.76 50% 541 2026-09-03
ASND 11.957 39.7% (31/78) $24.57 10.5% $268.24 4% 1.22x 0.26 1.43 1.04 18% 78 2026-09-03
ALL 11.948 34.6% (187/541) $11.45 6.7% $265.54 17% 2.11x -0.37 3.25 1.16 12% 541 2026-09-03
MNDY 11.669 35.2% (190/540) $25.57 16.2% $96.11 1% 1.10x 0.69 1.55 1.48 46% 540 2026-09-03
FDS 11.576 36.5% (197/540) $24.89 13.7% $309.15 14% 1.49x -0.00 25.62 14.17 14 25% 540 2026-09-03
TMDX 11.271 37.3% (202/541) $16.70 13.6% $86.86 20% 1.42x 1.23 0.42 0.60 25% 541 2026-09-03
TKO 11.203 37.3% (202/541) $13.53 8.3% $187.52 6% 1.38x 0.48 0.77 0.44 0% 541 2026-09-03
SPOT 11.168 33.7% (176/523) $53.71 8.0% $559.94 9% 1.03x 0.35 0.55 1.29 43% 523 2026-09-03
DVA 11.143 38.7% (209/540) $12.48 7.9% $182.35 13% 1.11x 0.03 26.89 0.80 50% 540 2026-09-03
LIN 11.117 30.4% (159/523) $21.41 6.2% $483.77 11% 1.73x 0.08 1.08 1.35 12% 523 2026-09-03
CNR 10.911 32.1% (108/336) $11.74 10.8% $98.27 0% 1.12x 0.04 0.14 0.23 17% 336 2026-09-03
ORLY 10.836 34.1% (184/540) $33.80 7.6% $87.64 12% 1.56x 0.03 1.78 0.25 12% 540 2026-09-03
DRI 10.812 39.3% (212/540) $12.11 9.0% $218.69 15% 1.74x 0.21 0.56 0.48 21 38% 540 2026-09-03
PSA 10.756 38.1% (206/541) $16.34 5.9% $302.72 38% 3.40x 0.37 0.70 0.53 12% 541 2026-09-03
WM 10.707 33.5% (181/541) $10.28 5.1% $220.95 4% 1.73x -0.37 1.29 0.69 53 0% 541 2026-09-03
FANG 10.698 35.2% (190/540) $12.81 9.4% $203.09 1% 1.34x -0.40 0.21 0.64 0% 540 2026-09-03
INTU 10.51 36.3% (196/540) $44.63 9.9% $348.12 6% 1.24x 0.27 1.93 1.21 38% 540 2026-09-03
MSCI 10.126 26.2% (137/524) $34.14 7.2% $572.55 19% 1.42x 0.32 0.38 1.62 54 38% 524 2026-09-03
VRSK 10.029 38.9% (205/527) $14.58 8.8% $180.97 23% 1.68x -0.39 0.99 0.85 25% 527 2026-08-10
ABBV 9.949 38.0% (205/540) $12.07 5.7% $260.75 12% 1.70x -0.09 0.63 0.55 12% 540 2026-09-03
V 9.868 34.4% (186/540) $16.37 4.3% $377.99 55% 1.86x 0.30 2.92 2.67 54 25% 540 2026-09-03
BRK.B 9.727 21.2% (71/335) $19.01 3.1% $507.90 75% 2.39x 0.05 1.23 1.35 25% 335 2026-09-03
MCD 9.659 34.4% (180/523) $13.62 4.6% $258.74 22% 2.05x -0.03 0.88 0.70 12% 523 2026-09-03
SBAC 9.597 36.0% (195/541) $13.25 7.6% $191.64 22% 1.47x 0.07 2.13 0.03 25% 541 2026-09-03
VRTX 9.37 31.1% (168/541) $32.09 6.3% $556.93 51% 1.93x 0.50 19.23 4.79 25% 541 2026-09-03
TTWO 9.266 31.5% (170/540) $16.62 8.5% $218.28 9% 1.51x 0.70 0.57 0.35 25% 540 2026-09-03
EG 9.217 27.4% (148/540) $19.84 5.6% $386.59 0% 1.40x -0.00 0.22 0.23 53 38% 540 2026-09-03
STZ 9.202 32.4% (175/540) $11.91 6.4% $128.99 11% 1.24x 0.01 0.63 1.16 32 25% 540 2026-09-03
GKOS 8.897 31.3% (169/540) $13.95 12.5% $180.93 13% 1.08x 0.81 6.88 2.98 29% 540 2026-09-03
TRV 8.59 37.3% (202/541) $14.19 6.4% $375.05 0% 1.62x -0.10 0.91 0.44 42 43% 541 2026-09-03
SYK 8.411 30.9% (167/541) $19.76 7.8% $309.90 2% 1.37x 0.12 1.89 0.46 0% 541 2026-09-03
VEEV 8.275 38.6% (209/541) $18.05 10.7% $281.52 6% 1.20x 0.59 0.41 0.24 43% 541 2026-09-03

Iron Condor Strategy Guide

What is an Iron Condor?

An iron condor is a neutral options strategy that profits when the underlying stays within a defined range. You sell an out-of-the-money put spread and an out-of-the-money call spread simultaneously, collecting premium from both sides. The strategy is most profitable when the stock price stays between your short strikes through expiration.

How to Use This Screener

  • Score: Composite ranking: (1 − breach_rate) × avg_straddle × IV_premium_factor × beta_penalty. Rewards low breach history, rich premium, options priced above realized vol, and low-beta behavior. Higher is better.
  • Breach Rate: Historical percentage of times price moved outside the expected straddle range. Lower is better — target under 30%.
  • Avg Straddle / Straddle %: Average ATM straddle price in dollars and as a percent of stock price. The % column normalizes across high- and low-priced stocks.
  • IV Rank: Where current IV sits vs the past 90 days (0–100%). Use Min IV Rank ≥ 50 to screen for elevated-IV setups where selling premium is most attractive.
  • IV Premium: Implied vol ÷ realized vol. Values above 1.0 mean the market is pricing in more movement than has historically occurred — options are "rich." This is the sweet spot for iron condors. Values below 1.0 mean options are "cheap" and premium collection is thin.
  • Beta: Sensitivity to SPY. Lower-beta stocks tend to range-trade more predictably. Iron condors on high-beta names (>1.5) face more breach risk even if historical rates look good.
  • P/C Vol / P/C OI: Put-to-call ratios by volume and open interest. Elevated put ratios (>1.5) indicate institutional hedging demand, which elevates put-wing IV — useful context for skewing your condor.
  • Observations: Number of historical data points. More observations = more reliable breach rate estimate.

Strategy Tips

  • Look for symbols with breach rates under 30% - these stay within expected ranges most of the time
  • Higher straddle prices mean more premium to collect, but also indicate higher volatility
  • Click "Expected Move" to see detailed breach history before entering a trade
  • Consider current market conditions and upcoming catalysts (earnings, Fed meetings, etc.)