Bear Put Spread
A bear put spread consists of one long put with a higher strike price and one short put with a lower strike price. This strategy is used when the investor is bearish and expects a moderate decline in the price of the underlying asset. The investor limits their downside risk but reduces the net premium spent compared to buying a single put option outright.
Upgrade to unlock advanced probability and risk metrics.
Options
| Action | Qty | Expiration Date | Strike | Type | Price | Delta | IV | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| QABA | QABA Leg 1 |
Action
Qty
|
Expiration Date
|
|
Strike
Type
|
Price
|
|
Delta
|
IV
%
|
|
|
|||||
| QABA | QABA Leg 2 |
Action
Qty
|
Expiration Date
|
|
Strike
Type
|
Price
|
|
Delta
|
IV
%
|
|
|
Trade Information
Bear Put Spread
BUY +1 QABA Dec 18, 2026 64.00 put @$1.05
SELL -1 QABA Dec 18, 2026 55.00 put @$0.78
Stock
QABA Current Price
$68.85 USD
QABA Breakeven Price
Below $63.73 (-7.44%)
Trade Details
Cost of Trade
$27.00 USD
Maximum Profit
$873.00
Maximum Loss
-$27.00
CVaR
Probability Analysis
Probability of Profit (PoP)
Probability of Max Profit
Probability of Max Loss
Risk Reward Analysis
Expected Value (EV)
Expected Return (EV/risk)
Reward/Risk
Position Greeks
Delta (Δ)
Gamma (Γ)
Theta (Θ)
Vega (ν)