Iron Condor Tracking

Managing Range-Bound Income

The Iron Condor is a staple for options sellers looking to profit from time decay and low volatility. MindTrajour is specifically designed to handle the complexity of 4-leg spreads without the manual grouping required in generic spreadsheets.

How to Journal an Iron Condor

1. Automatic Detection: When you select the Iron Condor strategy and enter your four strikes (Long Put, Short Put, Short Call, Long Call), MindTrajour automatically recognizes the structure.
2. Net Premium Tracking: We calculate the total credit received net of commissions, giving you an accurate breakeven zone immediately.
3. Roll History: One of the hardest parts of Iron Condors is "rolling a side." MindTrajour links your adjustments to the original trade, allowing you to see the true cost of defending a position.

Interactive Preview

MindTrajour

Trading Journal

• Create New Trade
• Dashboard
• All Trades

• AccountMain
• LanguageEN
• ThemeSystem

Create New Trade

Ticker

Strategy

Bull Put Spread

Option Legs

Leg 1

Position

Sell

Option Type

Put

Strike Price

$

Expiration Date22.05.2026

Leg 2

Position

Buy

Option Type

Put

Strike Price

$

Expiration Date22.05.2026

Order Data for all positions

Is the trade already closed?

Open/Close	Date	Total Gross Premium	Number of Contracts	Stock Price	Total Order Fee	Capital at Risk	Win Probability
Open	Date 06.04.2026	Total Gross Premium PayGet $	Number of Contracts	Stock Price $	Total Order Fee $	Capital at Risk $	Win Probability %
Is the trade already closed?
Close	Date Select Date	Total Gross Premium PayGet $	Number of Contracts	Stock Price $	Total Order Fee $

Trade-Management (Optional)

Take Profit %

80 %

Total Profit+496 $

Take Profit (per share)

Stop Loss %

200 %

Total Loss+496 $

Stop Loss (per share)

Statistics

Profit & Fees

Net profit, fees and contract-adjusted results. Shows your true trading outcome.

Strike/Spot Difference

-5.1%

Gross Profit

$500

Total Fees

$4

Entry Fee

$2

Exit Fee (estimated)

$2

Net ProfitIncluding estimated exit fee.

$496

Net Profit per Contract

$248

Fee Ratio

0.8%

Performance

Return metrics for comparison and portfolio assessment.

Potential Return (Expiration Date)

25%

Monthly Return

16.3%

Annual Return

195.65%

Max Profit

$500

Duration

Trade holding periods and deviations.

Days to Expiration

46 Days

Planned Duration

46 Days

Trade Duration (Actual)

0 Days

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Key Metrics to Audit

• Delta Exposure: Even though we don't display live Greeks yet, your strike selection reveals your Delta bias. Use the Autopsy Dashboard to see if your condors fail more often on the call side or the put side.
• Holding Duration: Audit whether you achieve better results by closing at 50% profit or holding closer to expiration.