01 — MARA · BEAR CALL SPREADS

Best MARA 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.

Bitcoin mining proxy with extreme implied volatility correlated to BTC price and hash-rate economics.

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MARA Holdings (Marathon Digital)
Crypto / Mining
MARA
$6.77-40.3% / 30d
IV rank (1y)
18.2% · low
Next earnings
Nov 4
Market cap
$2.6B
P/E (fwd)
-19.9
Option vol
139K /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
$8/$9 call spread · Dec 4
34 DAYS · 18.2% OTM · 1 WIDE · SELL TO OPEN
Credit
$20
Return
25%
PoP
64%
SpreadExpirationCreditReturn ↓PoP
$8 / $9
18.2% OTM · 1 wide
Nov 27
27 days
$18
$0.18 / share
21.95%66%
$8.5 / $9.5
25.6% OTM · 1 wide
Nov 27
27 days
$13
$0.13 / share
14.94%73%
$8.5 / $9.5
25.6% OTM · 1 wide
Dec 4
34 days
$11
$0.11 / share
12.36%70%
4 of 4 matchesCustomize filters →

03 — Strategy

Bear Call Spreads, plainly explained

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

P&L at expiration · $8/$9 call spread · 34 DTE

$0+$20−$80$9 LONG$8.20 BE$8 SHORT

Key numbers

Premium collected+$20
Max profit+$20
Max loss−$80
Breakeven$8.20
Spread$8 / $9
Probability of profit64%
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 MARA.

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