Spread·Foundry

iron condor scanner

Iron condor scanner that respects the range.

An iron condor is a range thesis. The scanner should make that thesis explicit: where the market expects movement, how volatility is behaving, and whether the wings are tradeable.

Problem

Why this search usually means more than a filter.

  • A condor can look attractive until one wing is illiquid or the expected move is too close to the short strikes.
  • Sideways strategy fit changes when volatility expands, compresses, or enters an event window.
  • Condor comparison is hard when payoff, skew, and liquidity are split across different screens.

Workflow

How Spread Foundry handles the job.

  1. 01

    Confirm sideways fit

    The strategy family earns attention only when market posture and symbol context support a range-bound review.

  2. 02

    Build around expected move

    Candidate wings are reviewed against expected move, skew, term structure, and strike concentration.

  3. 03

    Keep risk symmetric

    Both sides of the condor carry quality and scenario checks so weak wings cannot hide inside aggregate metrics.

Why Spread Foundry

Built for reviewable decisions.

  • Spread quality is evaluated at the leg level and structure level.
  • Volatility context is shown before candidate ranking becomes the focus.
  • Review notes travel with the watched idea or position.

Questions

Common concerns.

Can the scanner compare multiple iron condors?
Yes. The intended workflow compares candidates by structure, premium, width, liquidity, expected move, and scenario behavior.
Does it assume sideways markets are safe?
No. The page is built around range risk, event risk, and the fact that defined-risk structures still need active review.

Founding pricing

Join before the Standard plan opens.

Spread Foundry is pre-launch. The waitlist is where founding Standard pricing opens first. Intraday data and advanced products are separate future work.

No spam. Launch invite + a short build log once a month.