Calendar Spread Analyzer
IV ratio analysis for calendar and double-calendar spreads. Compare front-month vs back-month IV to find optimal entry points for time spreads.
No account needed to look · Live market data · Cancel anytime
What is Calendar Spread Analyzer?
Calendar Spread Analyzer The Calendar Spread Analyzer evaluates all front/back expiration pairs for IV ratio, quality score, term structure shape and Greeks profile to identify optimal calendar spread entries.
Why this matters for your trading.
How professional options traders use Calendar Spread Analyzer to find edge.
Find the Best Calendar Automatically
The pair map evaluates every possible front/back combination and scores them by IV ratio, DTE gap and quality. The best pair floats to the top.
Understand Term Structure State
Contango or backwardation at a glance — with the magnitude quantified. Steep contango favours selling calendars; backwardation favours buying.
See the Greeks Before Entry
Full delta, gamma, theta, vega breakdown for each pair. Know exactly how much theta you're collecting, how much vega risk you carry, and your directional lean.
What's inside.
Pair Opportunity Map
Bubble chart of IV ratio vs DTE with quality scores
Term Structure Assessment
Contango/backwardation with magnitude
Greeks Breakdown
Delta, gamma, theta, vega per pair
Best Pair Recommendation
Top-scored pair with entry assessment
How it works.
Select ticker
Enter any US stock or ETF
Review data
Analyse the key metrics and charts
Identify signal
Find the actionable insight
Execute
Use the signal to inform your trade
When you'd reach for it.
Find pairs in steep contango with high theta and moderate vega. Sell the front leg to capture accelerated decay.
Around earnings, term structure inverts. Use the analyzer to find pairs where post-earnings normalisation will generate profit.
Common questions, answered.
Traders who use this also use.
Ready to use
Calendar Spread Analyzer?
Open it on AAPL right now with live data, or start a 7-day trial to run it on all 5,500+ tickers.