META call spreads compared on P&L, probability and efficiency
Recorded in cvforge on July 10, 2026 by ConvexValue · Published July 25, 2026
A comparison dashboard for call spreads on META covering P&L profile, probability of profit, risk and capital efficiency in one place.
Exact prompt
Give me a dashboard that lets me compare and analyze the pnl, probability of profit, risk, capital efficiency of call spreads on $META
Data cadence
Live U.S. option snapshots, refreshed through the session. Open interest is an end-of-previous-day figure and updates once daily.
Plan requirements
Runs on the free cvforge app and the free data tier (20 requests/hour). No card needed.
Fields used
fair_market_value, strike_price, expiration_date, contract_type, delta, implied_volatility, open_interest, day_volume
How to read it
Where the SPCX build ranks a list, this one compares candidates in depth — the P&L profile is charted rather than reduced to a number, which is the right treatment when you have already narrowed to a handful.
Capital efficiency deserves care as a metric. Return on capital at risk flatters wide spreads that rarely reach maximum profit, and comparing it across spreads of different widths compares different things. Read it next to the P&L shape, not instead of it.
Change it
The prompt is the interface. Ask for a different ticker, a different expiration window, or an extra column in the same sentence style and the agent edits the app in place — you do not start over, and you do not wait for anyone to build it.
Limitations
- Snapshot data, not a transaction tape: the build reads the chain as it stands, so it cannot attribute a trade to a buyer or a seller.
- Open interest updates once a day, so an intraday volume/OI comparison is always this session’s volume against yesterday’s open interest.
- Contract coverage is U.S. listed equities, ETFs and indices. Indices use the I: prefix, for example I:SPX.
- Current per-contract valuation is Massive fair market value (FMV), a proprietary estimate. cvforge does not provide option bids, asks, midpoint, quote sizes, NBBO or last trades, and FMV is not an executable quote.
- Rankings are arithmetic on Massive fair market value estimates, not advice. FMV is not an executable price, and nothing here accounts for your account, margin, assignment risk or taxes.
- Multi-leg structures are valued leg by leg using FMV estimates. cvforge has no option quote or last-trade data with which to model fills or transaction costs.
Related demos
- Expressing an 18-month HOOD view efficiently
- MRVL to 500, but not through 200: sizing a two-sided view
- A bounded SPCX view turned into a bounded structure
Search focus: compare call spreads pnl probability. Related: meta call spread analysis, call spread capital efficiency comparison. Originally posted on X.