Bear Call Spread
A bear call spread consists of one short call at a lower strike price and one long call at a higher strike price. This strategy is used when the investor is bearish. The investor collects a net credit upfront and profits if the underlying asset stays below the lower strike price at expiration.
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Options
| Action | Qty | Expiration Date | Strike | Type | Price | Delta | IV | |||||||||
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| RIVN | RIVN Leg 1 |
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Strike
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| RIVN | RIVN Leg 2 |
Action
Qty
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Expiration Date
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Strike
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%
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Trade Information
Bear Call Spread
SELL -1 RIVN Dec 11, 2026 14.50 call @$0.37
BUY +1 RIVN Dec 11, 2026 17.00 call @$0.11
Stock
RIVN Current Price
$12.83 USD
RIVN Breakeven Price
Below $14.76 (+15.04%)
Trade Details
Cost of Trade
-$26.00 USD
Maximum Profit
$26.00
Maximum Loss
-$224.00
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)