Tools for screening or building iron-condor structures

Iron-condor software lets you screen a universe for four-leg credit condors, or build those structures by hand (short call vertical + short put vertical, typically). Useful outputs include credit received, listed max gain and loss where defined, breakevens, and Greeks. Some seats also show neighboring short-premium templates (credit spreads, short strangles) without a dedicated “iron condor” label.

This job is structure lookup and construction. A screened condor is not a recommendation. A builder does not tell you the trade will make money. Short-premium language on vendor pages is marketing, not advice from this directory. We do not rank iron-condor “ideas.”

Use this job when you want to find or draw an iron condor and understand the diagram. Execution, margin, and assignment risk still sit with you and your broker.

How to use this list

Pick by fit: named iron-condor screens versus a payoff builder that already assembles four-leg condors, monthly dollars you can confirm on the vendor page. A listing is a job match, not a ranking. Prices below come from each tool’s verified offers on the FTT review. Confirm on the vendor site before you pay. Tools with empty affiliate_url keep an official CTA on the review page.

The grid at the bottom of this page is the catalog membership for this job. The numbered section is the live reviews whose product story honestly names iron-condor screens or four-leg / condor builders.

Tools for this job

1. Market Chameleon

Browser options analytics whose live Premium nav labels iron condors beside verticals, calendars, butterflies, iron butterflies, covered calls, naked puts, and a multi-leg trade screener. Free Starter is $0 (nav label; feature matrix beyond the label is unverified without login). Verified paid offer: Premium / Total Access $99/mo with a 7-day trial. Fits people who want a browser screener seat that already names iron-condor surfaces. Skip if you need a live unusual-options tape as the primary job, a broker, a verified Canadian-listed chain, or a published annual dollar (unverified on the pages we captured). Empty affiliate_url → official CTA. A screened condor is still a candidate list, not a pick from this directory. See also Market Chameleon alternatives.

2. Option Samurai

US options strategy scanner with predefined scans that official pages name among 24+ strategies, including iron condors beside covered calls, bull/bear call and put spreads, calendars, butterflies, and related structures. Verified Yearly-view offers: Beginner $35/mo and Advanced $50/mo when paid annually; 14-day free trial, no credit card. Fits traders who want strategy scans that already name iron condors on one seat. Skip if you need a dedicated live flow firehose, Option Samurai to be the broker, verified Canadian-listed coverage, or confirmed monthly-billing dollars without opening the pricing toggle. Empty affiliate_url → official CTA. See also Option Samurai alternatives.

3. Options Profit Calculator

Form-driven browser P/L calculator with a named Iron Condor template under Advanced strategies (beside Butterfly, Collar, Diagonal, Straddle, Strangle, and custom 2–8 legs). Free is $0. Verified offers: Starter $9.95/mo (ads-only on signup copy we captured); Pro $14.95/mo and Growth $49.95/mo on OPCalc+ checkout. Fits traders who want a free named-template iron-condor diagram, including a documented Montréal Exchange .to path on the vendor blog. Skip if you need drag-a-strike interactivity, a live unusual-flow tape, or verified live (non-delayed) exchange data today (membership: real-time still “Coming soon”). Empty affiliate_url → official CTA.

4. OptionStrat

Browser strategy builder for drawing estimated P/L on multi-leg structures; official pages describe more than 50 pre-made strategy templates and unusual-flow detection that categorizes multi-leg structures such as spreads and condors. Free is $0 (15-minute delayed, limited access). Paid offers in frontmatter: Live Tools $39.99, Live Flow $99.99 (USD/mo). Fits people who want to build and study the shape of an iron condor before they screen elsewhere — not a dedicated iron-condor candidate scanner. Skip if you need OptionStrat to be the broker, a verified Canadian-listed chain, or a pure income-screener seat as the only job. See also OptionStrat alternatives.

Compare pages (not rankings)

Payoff vs flow (not a ranking): OptionStrat vs Unusual Whales — strategy-builder diagram vs unusual-options flow tape. An iron-condor screen or builder is a third job; people searching that pair are often mixing diagram and tape, not a four-leg structure filter.

Four-way flow split (not a ranking): Unusual Whales vs Cheddar Flow vs Tradytics vs Quant Data — tape packaging. Useful when you confused a condor name list with a live unusual-options feed.

Also in this job (newer / not fully reviewed yet)

FTT has not published stub-only directory entries tagged for this job. Official links only appear here when we have an unreviewed product story to point at — none for this wave. Tagged live tools that do not center a dedicated iron-condor screen stay under Related below. No invented prices.

Related jobs / adjacent (not the same job)

These help next to an iron-condor screen or builder. They are not substitutes for a named iron-condor screen or four-leg template unless the review says they also run that surface.

• Options Matrix Pro — Live Visualizer plus Matrix / journal on Pro; Short Options Scanner and Advanced Strategy Scanner on All Access. Tagged for this job; the live review names cash-secured-put / covered-call income scanners explicitly and does not name a dedicated iron-condor screener — treat as a visualizer / income-scanner seat you can also model four-leg structures on. Verified monthly: Visualizer $10, Pro $30, All Access $50. See also Options Matrix Pro alternatives.
• ORATS — Options research / backtesting / scanning with Trade Builder on Trading Tools. Tagged here; the live review does not name a dedicated iron-condor screener the way Market Chameleon does — treat as a research / builder seat. Verified Individual $99/mo; Professional $199/user/mo. Empty affiliate_url → official CTA. See also ORATS alternatives.
• Screen covered-call and wheel structures — Covered-call / CSP / wheel screens; different job from four-leg iron condors.
• Screen or build debit spreads — Directional verticals; different job from short-premium condors.
• Screen for high implied volatility — Name lists by elevated IV; a high-IV list is not an iron-condor screen.
• Visualize an options payoff — Draw the structure after you have a candidate (broader diagram job).
• Use a broker — Custody and order routing. tastytrade and Thinkorswim are US broker platforms where you can analyze / send multi-leg orders after you screen elsewhere — they are not iron-condor SaaS screeners on this directory. Empty affiliate_url on both → official CTAs.

Canadian readers: most public condor scanners and builders are built around US-listed / OPRA options. Montréal Exchange or other Canadian-listed coverage is unverified unless a review says otherwise (Options Profit Calculator documents an MX .to path on an official blog post).