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What columns does the OptiScan put spread table show?

The OptiScan put spread table displays one row per liquid bear put spread — a two-leg debit strategy consisting of a long higher-strike put and a short lower-strike put on the same underlying and expiration. OptiView constructs each row by pairing liquid contracts from the options table and computing the combined P&L structure, Greeks, and volatility metrics.

Position structure columns

  • Underlying: ticker symbol of the underlying asset
  • Underlying Price: latest traded price of the underlying
  • 1D Change: percentage price change of the underlying over the prior session
  • Expiration: the spread's expiration date
  • Days to Expiry: calendar days remaining until expiration
  • Long Strike: strike of the long put leg — the higher, more expensive strike that anchors the spread
  • Short Strike: strike of the short put leg — the lower strike at which premium is collected
  • Strike Width: difference between the long and short strike; determines the maximum profit potential per share

P&L and yield columns

  • Bid / Ask: composite bid and ask for the spread
  • Net Premium: net debit paid for the spread, adjusted for lot size (long premium − short premium × lot size)
  • Max Profit: (strike width × lot size) − net premium; realized if the underlying closes at or below the short strike at expiration
  • Max Loss: equals net premium; the maximum amount at risk if the spread expires worthless
  • Breakeven: underlying price at which the spread breaks even at expiration (long strike − net premium ÷ lot size)
  • Reward/Risk: max profit divided by max loss
  • Yield (ann.): reward-to-risk ratio annualized by days to expiry
  • Days to Earnings: calendar days until the next earnings release for the underlying

Volatility, Greeks, and probability columns

  • Long IV / Short IV: implied volatility of each leg individually
  • IV Edge: short leg IV minus long leg IV — for put spreads, positive IV edge reflects the volatility skew premium where the long put typically carries higher IV than the short put
  • IV Rank: 30-day IV rank of the underlying on a 0–100 scale
  • Realized Volatility: 30-day historical volatility of the underlying
  • IV/RV: ratio of implied to realized volatility for the underlying
  • Volatility Risk Premium: IV minus realized volatility for the underlying
  • Delta / Theta / Gamma / Vega: net Greeks of the spread position (long leg minus short leg)
  • Prob. of Profit: estimated probability the underlying price falls below the breakeven level at expiration
  • Prob. Max Profit: ITM probability of the short leg — the estimated likelihood the underlying closes below the short strike at expiration

Open interest, market data, and fundamental columns

  • Long OI / Short OI: open interest for each leg; Min OI is the lower of the two, representing the binding liquidity constraint on the spread
  • Long Volume / Short Volume: contracts traded today for each leg
  • Total Open Interest: aggregate open interest across all options on the underlying; Total OI Rank is its percentile within the 31-day range
  • Put/Call Volume, Volatility Skew, Volatility Skew Rank, Volatility Steepness: market structure metrics for the underlying
  • Sector, Market Cap, EV/EBITDA, P/E Ratio, Dividend Yield, Beta: equity fundamentals for the underlying
  • RSI, CCI, Ease of Movement: technical momentum indicators for the underlying