Knowledge Base
Ranker Calc: Upside Protection
Last Updated: May 21, 2022

Article

Upside Protection

How are Criteria used in the Brutus Ranker?

Criteria are used in the Brutus Options Ranker with an objective specific to your strategy's goal.  The objective can be to minimize, maximize, or target the criterion to a specific value.  The criterion's measure can also be used to filter trades out of your results.  This knowledge-base article gives you a preview of the Upside Protection calculation details, but the full details can only be viewed inside the app.
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Ranker Calculation – Upside Protection

The percent move up that the underlying can make until the trade begins to show a loss at expiration. The nearest expiration is used for the basis of calculation for time spreads. Note a value of 100% signifies no losses to the upside, while a value >100% (very rare) signifies a break-even at greater than double the underlying price.

Scope

Contract|spread Scoped

Measurement Type

Options Measure

Membership Access

Premium

How to Use In Your Brutus Options Ranker Strategy

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View More in the Ranker App

This knowledge-base article is only a preview of the Upside Protection criterion calculation.  View more in the Brutus Options Ranker App.  No registration required.
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