Here you’ll find helpful definitions and resources for the available criteria to add to your Brutus Options Ranker strategies.
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Criteria Help
Return on Capital
The maximum potential return against the capital required (margin requirement) for the trade
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Annualized Return on Capital
The maximum potential return against the capital required (margin requirement) for the trade and then annualized for consistent comparison basis across setups with different duration.
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Return on Risk
The maximum possible return divided by the maximum possible loss on the trade
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Annualized Return on Risk
The maximum possible return divided by the maximum possible loss on the trade and then annualized for consistent comparison basis
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Criteria Help
Put Open Interest All Strikes
This is a liquidity indicator – this is the amount of open put contracts across all available strikes
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Bid-Ask spread [options]
The bid-ask spread of the option as a percentage of the trade’s mid price
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Natural-Mid spread [options]
This % difference between the natural price and the mid price
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Criteria Help
Delta
The current expected change in the options value for each $1 move in the underlying