Daily Call Credit Spread Leaderboard

Top-ranked call credit spreads as of 2026-09-22
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Rank Contract RoR DTE Score Stance IV Rank IVP ATM IV
#1 VLO 10/23/26 420/430C 0.8% 31 99.4 Rich 97.1% 99.2% 53.6%
#2 PSX 10/30/26 295/300C 0.7% 38 98.2 Rich 86.1% 97.6% 42.1%
#3 PSX 10/30/26 290/295C 0.7% 38 98.2 Rich 86.1% 97.6% 42.1%
#4 VLO 10/23/26 435/440C 1.1% 31 97.9 Rich 88.7% 97.2% 51.2%
#5 VLO 10/30/26 440/445C 1.1% 38 97.9 Rich 88.7% 97.2% 51.2%
#6 VLO 10/23/26 430/435C 1.0% 31 97.5 Rich 88.7% 97.2% 51.2%
#7 T 10/23/26 29.5/30C 1.7% 31 96.4 Rich 72.9% 95.2% 34.1%
#8 VLO 10/23/26 425/435C 0.8% 31 96.1 Rich 97.1% 99.2% 53.6%
#9 HUM 10/23/26 425/430C 1.3% 31 94.3 Rich 60.0% 92.5% 64.9%
#10 HUM 10/23/26 435/440C 1.3% 31 94.3 Rich 60.0% 92.5% 64.9%
#11 HUM 10/30/26 435/440C 0.7% 38 94.3 Rich 60.0% 92.5% 64.9%
#12 VLO 10/30/26 425/445C 0.6% 38 93.3 Rich 97.1% 99.2% 53.6%
#13 T 10/23/26 28/28.5C 2.2% 31 93.0 Rich 72.9% 95.2% 34.1%
#14 ACN 10/30/26 205/210C 0.8% 38 90.7 Fair 61.7% 89.3% 54.4%
#15 ACN 10/23/26 205/215C 0.8% 31 89.7 Fair 59.9% 86.9% 53.4%
#16 VLO 10/23/26 425/430C 1.1% 31 89.6 Rich 88.7% 97.2% 51.2%
#17 PSX 10/30/26 280/305C 0.6% 38 89.6 Rich 88.0% 98.0% 42.5%
#18 PSX 10/23/26 285/290C 0.8% 31 88.7 Rich 86.1% 97.6% 42.1%
#19 VLO 10/30/26 445/450C 0.5% 38 88.6 Rich 97.1% 99.2% 53.6%
#20 ACN 10/23/26 200/210C 0.7% 31 88.3 Fair 59.9% 86.9% 53.4%
#21 ACN 10/30/26 210/220C 0.6% 38 87.8 Fair 59.9% 86.9% 53.4%
#22 IBM 10/30/26 260/265C 0.6% 38 87.6 Rich 31.1% 84.1% 45.9%
#23 PCG 10/30/26 14.5/15C 0.7% 38 87.2 Rich 34.8% 82.9% 41.1%
#24 IBM 10/23/26 260/265C 0.8% 31 87.2 Rich 31.1% 84.1% 45.9%
#25 WMB 10/30/26 79/80C 0.7% 38 86.6 Rich 47.4% 82.1% 29.7%

These call credit spreads are ranked by opportunity score: a known max loss, less capital than a covered call, and the short strike versus company value.

How to read these columns
RoR: Return-on-risk per day (net credit ÷ max loss, then ÷ DTE). Higher can mean more income, but not always better.
DTE: Days to expiration.
Score: 0–100 opportunity score (strategy-aware) balancing premium potential vs risk/liquidity/volatility context.
Stance: Cheap, Fair, or Rich is this short strike versus what we think the firm is worth. Put credit spreads show Cheap/Fair. Call credit spreads show Fair/Rich.
IV Rank (IVR): Where current implied volatility sits in its recent range, scaled 0–100.
IVP: IV percentile (0–100) — the share of recent observations where IV was below today’s IV.
ATM IV: At-the-money implied volatility for the underlying.
Informational only. Not investment advice.

Educational and informational purposes only. Not investment advice.