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Ratio Call Spread Calculator
Butterflies & RatiosbullishUndefined Risk
Buy one call and sell multiple higher-strike calls for a bullish trade with upside risk.
What Is a Ratio Call Spread?
Buy one call and sell multiple higher-strike calls for a bullish trade with upside risk. This strategy has a bullish outlook and undefined risk.
Setup
BUY1x ATM CALL
SELL2x OTM2 CALL
Max Profit
Highest near the short strike
Max Loss
Unlimited upside risk after the extra short call overwhelms the long call
Breakeven
Depends on strikes and net premium