01 — DIA · BEAR CALL SPREADS

Best DIA bear call spreads setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

Price-weighted Dow tracker with options flow concentrated in retail covered-call writers.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
SPDR Dow Jones Industrial Average ETF
Index ETF
DIA
$517.13+1.7% / 30d
IV rank (1y)
20.6% · low
Option vol
10K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.

Days to expiration
Probability of profit
Sort by
Top pick · credit spread
$527/$537 call spread · Dec 4
34 DAYS · 1.9% OTM · 10 WIDE · SELL TO OPEN
Credit
$648
Return
184.09%
PoP
65%
SpreadExpirationCreditReturn ↓PoP
$528 / $538
2.1% OTM · 10 wide
Dec 4
34 days
$504
$5.04 / share
101.61%67%
$532.5 / $542
3.0% OTM · 10 wide
Dec 4
34 days
$476
$4.76 / share
100.42%75%
$526 / $536
1.7% OTM · 10 wide
Dec 4
34 days
$453
$4.53 / share
82.82%63%
$530 / $540
2.5% OTM · 10 wide
Dec 4
34 days
$338
$3.38 / share
51.06%70%
$526 / $536
1.7% OTM · 10 wide
Nov 27
27 days
$301
$3.01 / share
43.06%66%
$525 / $535
1.5% OTM · 10 wide
Nov 27
27 days
$284
$2.84 / share
39.66%64%
$524 / $534
1.3% OTM · 10 wide
Nov 27
27 days
$273
$2.73 / share
37.55%61%
$529 / $539
2.3% OTM · 10 wide
Dec 4
34 days
$254
$2.54 / share
34.05%69%
$527 / $537
1.9% OTM · 10 wide
Nov 27
27 days
$248
$2.48 / share
32.98%68%
10 of 17 matchesCustomize filters →

03 — Strategy

Bear Call Spreads, plainly explained

Moderately bearish or neutral traders seeking defined-risk credit income.

P&L at expiration · $527/$537 call spread · 34 DTE

$0+$648−$352$537 LONG$533.48 BE$527 SHORT

Key numbers

Premium collected+$648
Max profit+$648
Max loss−$352
Breakeven$533.48
Spread$527 / $537
Probability of profit65%
Days to expiration34

When this trade makes sense

Use when

    Avoid when

      Read the full bear call spreads guide →

      05 — RUN IT LIVE

      See the highest chance of profit on DIA.

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