Calendar search

The Calendar tab searches spreads that pair a near expiration with a later one, calendars and diagonals, across every pair of expirations that fits your rules.

Calendar Search for SPY: Near leg set to Sell call expiring in 2 to 6 weeks, Far leg set to Buy call 4 to 8 weeks after the near leg within 1 strike, and the expiration pairs being searched.

Set up the legs

  • Near leg and Far leg: each is Buy call, Sell call, Buy put, or Sell put. The default sells the near call and buys the far call.
  • Near leg constraints: Expires in a range of weeks, plus optional Delta or Strike.
  • Far leg constraints: Expires a range of weeks after the near leg, and Strike relative to the near leg: Same strike, Within 1, Within 2, or Any. Delta and absolute strike constraints are optional.

The line under the legs names what you’re searching for, such as a long call calendar or diagonal, and the chips list every pair of expirations it covers.

Forecast and ranking

  • Forecast: the low and high of where you expect the price to be, shown on the chart against the distribution the market implies.
  • Value on: the date trades are valued at; the near expiration by default.
  • Rank by: the same measures as Option search.
  • Fill assumption and Add filter work as they do there.

The results

Results appear as cards like Option search’s. Analyze opens a spread in Trade analysis. Save search keeps your setup when you’re signed in.