Options Trading Tools

How many credit spread contracts can I sell with my available buying power?

Enter Your Spread

For labeling only. The margin math is the same for both.

The difference between your short strike and your long strike.

Your Result

Enter your spread's width, credit, and buying power, then click Calculate to see how many contracts you can sell.

How this is calculated

Risk & liability disclaimer: This calculator applies the standard Reg T margin requirement formula for a defined-risk vertical credit spread (strike width minus net credit, times 100 per contract). It does not represent your specific broker's actual margin requirement, which can include additional buffers or house rules. It is not financial advice and is not a recommendation to trade any specific options strategy. Trading Habits is not a broker-dealer, registered investment adviser, or tax professional, and is not affiliated with any broker, exchange, or data provider. Confirm your actual margin requirement and buying power directly with your broker before placing a trade. Options trading involves substantial risk of loss.