Free calculator
Options strategy selector
Describe your view and constraints and get an explainable shortlist of strategies, each linked to its guide and a live scan.
Your view
Matches
- Bull Put Spread fit 100
Sell a put spread to collect credit with defined risk below the market.
Why: Matches a moderately bullish view; Fits a income goal; Benefits if implied volatility falls
- Diagonal Spread fit 100
A calendar spread with different strikes as well as expirations.
Why: Matches a moderately bullish view; Fits a income goal
- Poor Man's Covered Call fit 100
Buy a long-dated deep-ITM call and sell a shorter-dated OTM call against it.
Why: Matches a moderately bullish view; Fits a income goal
- Bear Call Spread fit 87
Sell a call spread to collect credit with defined risk above the market.
Why: Fits a income goal; Benefits if implied volatility falls
Fit scores are a deterministic weighted match of your inputs to each strategy, not a prediction of profit.
Assumptions and limits
- Matching is deterministic and rule-based; no model or randomness is involved.
How the selector decides
Each strategy is scored on how well its market outlook, greeks exposure, horizon, capital needs and assignment risk match your inputs. The reasons and risks are shown so you can judge the fit rather than trusting a single number.
FAQ
- Is the fit score a profit forecast?
- No. It reflects how closely the strategy's characteristics match your stated view and constraints.
- Why does a defined-risk preference exclude some strategies?
- Undefined-risk strategies such as a naked put or an uncovered call are penalised because their maximum loss is not bounded.