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SPY
SPY
Live
NYSE/NASDAQ
$661.94
▲ $0.00 (+0.00%)
Updated 3/14/2026
IV Rank
50
Low
Avg
High
🟡 Balanced
IV is near average — defined-risk strategies offer balanced risk/reward.
Expiry:
2026-03-16
1d
2026-03-17
2d
2026-03-18
3d
All
Neutral
Bullish
Bearish
Advanced
Sort:
Probability of Profit
Max Profit
Min Risk
17 strategies · 2026-03-16
Ratio Call Spread
Bullish
Max Profit
$447.53
Max Loss
$1.00
P.o.P
79.0%
Net Premium:
+$291.00
credit
BE:
$668.91
$0.00
Short Strangle
Neutral
Max Profit
$789.00
Max Loss
$1.00
P.o.P
75.3%
Net Premium:
+$789.00
credit
BE:
$652.11
$671.89
Short Straddle
Neutral
Max Profit
$924.11
Max Loss
$1.00
P.o.P
74.3%
Net Premium:
+$968.00
credit
BE:
$652.32
$671.68
Covered Call
Neutral
Max Profit
$443.00
Max Loss
$1.00
P.o.P
73.8%
Net Premium:
+$443.00
credit
BE:
$667.43
$0.00
Bear Call Spread
Bearish
Max Profit
$107.00
Max Loss
$93.00
P.o.P
55.1%
Net Premium:
+$107.00
credit
BE:
$663.07
$0.00
Bull Put Spread
Bullish
Max Profit
$72.00
Max Loss
$128.00
P.o.P
53.2%
Net Premium:
+$72.00
credit
BE:
$661.28
$0.00
Bear Put Spread
✦ Recommended
Bearish
Max Profit
$128.00
Max Loss
$72.00
P.o.P
46.8%
Net Premium:
-$72.00
debit
BE:
$661.28
$0.00
Bull Call Spread
✦ Recommended
Bullish
Max Profit
$93.00
Max Loss
$1.00
P.o.P
44.9%
Net Premium:
-$107.00
debit
BE:
$663.07
$0.00
Long Put
↓ Low Odds
Bearish
Max Profit
$9,472.10
Max Loss
$463.00
P.o.P
29.5%
Net Premium:
-$463.00
debit
BE:
$657.37
$0.00
Long Call
↓ Low Odds
Bullish
Max Profit
$9,418.10
Max Loss
$505.00
P.o.P
27.7%
Net Premium:
-$505.00
debit
BE:
$667.05
$0.00
Protective Put
↓ Low Odds
Bearish
Max Profit
$9,415.10
Max Loss
$420.00
P.o.P
27.2%
Net Premium:
-$420.00
debit
BE:
$656.80
$0.00
Iron Condor
✦ Recommended
Neutral
Max Profit
$173.00
Max Loss
$27.00
P.o.P
27.0%
Net Premium:
+$173.00
credit
BE:
$659.06
$664.95
Long Straddle
↓ Low Odds
Volatile
Max Profit
$8,967.10
Max Loss
$924.11
P.o.P
25.7%
Net Premium:
-$968.00
debit
BE:
$652.32
$671.68
Long Strangle
↓ Low Odds
Volatile
Max Profit
$8,946.10
Max Loss
$789.00
P.o.P
24.7%
Net Premium:
-$789.00
debit
BE:
$652.11
$671.89
Iron Butterfly
↓ Low Odds
Neutral
Max Profit
$135.11
Max Loss
$21.00
P.o.P
19.1%
Net Premium:
+$179.00
credit
BE:
$659.92
$664.06
Long Put Butterfly
↓ Low Odds
Neutral
Max Profit
$127.11
Max Loss
$29.00
P.o.P
17.7%
Net Premium:
-$29.00
debit
BE:
$660.10
$663.92
Long Call Butterfly
✦ Recommended
Neutral
Max Profit
$158.11
Max Loss
$2.00
P.o.P
0.0%
Net Premium:
+$2.00
credit
BE:
$0.00
$0.00