Iron option strategies are those which consist of positions in both calls and puts. Iron Condor is similar to Condor, but using OTM puts instead of ITM calls, giving less potential profit, but over larger range of base prices.
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The screenshot shows the following portfolio:
European put struck at 9.000 with expiry in 30 days
European put struck at 10.000 with expiry in 30 days
European call struck at 11.000 with expiry in 30 days
European call struck at 12.000 with expiry in 30 days
This is an excerpt from iOptioneer option trading reference application. In order to build the real-time dynamic strategy graph and run simulations you will need to download the application from App Store.