Vertical Spread Scanner
Vertical spread scanner for call spreads and put spreads. Find debit and credit spreads with the best risk/reward ratios.
Frequently asked questions
Debit spread vs credit spread - which is better?
Debit spreads are better in low IV when you have a directional bias. Credit spreads are better in high IV when you want to collect premium with a probability edge.
What's the max profit on a vertical spread?
Debit spread: width minus debit paid. Credit spread: credit received. For example, a $5 wide call debit spread bought for $2 has max profit of $3.
How do I choose strike width?
Narrower widths cost less but have smaller profit potential. Common widths are $2.50, $5, or $10 depending on stock price and your capital.