Put Ratio Spread Calculator

Search a symbol to visualize the potential profit and loss for a put ratio spread option strategy.

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What is a put ratio spread?

BearishLimited ProfitLimited Loss

The opposite of a put ratio backspread. It is a neutral to slightly bearish strategy with unlimited risk if the stock moves down too much. Time is helpful to this strategy (although you don't want to be exposed for too long), but increasing volatility is harmful.

ABProfitLossStock Price (at expiration)
  • Sell two puts at strike A
  • Buy a put at strike B