01 — BABA · BEAR CALL SPREADS

Best BABA bear call spreads setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

ADR with two-track volatility: company fundamentals plus China policy and US-listing risk overlay.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Alibaba
Consumer / Tech (China)
BABA
$99.54-7.4% / 30d
IV rank (1y)
35.4% · moderate
Next earnings
Nov 24
Market cap
$247.6B
P/E (fwd)
10.7
Dividend
$7.24 · Jun 11
Option vol
26K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.

Days to expiration
Probability of profit
Sort by
Top pick · credit spread
$106/$108 call spread · Dec 4
36 DAYS · 5.0% OTM · 2 WIDE · SELL TO OPEN
Credit
$340
Return
34000%
PoP
66%
SpreadExpirationCreditReturn ↓PoP
$104 / $106
3.0% OTM · 2 wide
Dec 4
36 days
$73
$0.73 / share
57.48%61%
$103 / $105
2.0% OTM · 2 wide
Nov 20
22 days
$65
$0.65 / share
48.15%63%
$105 / $107
4.0% OTM · 2 wide
Nov 20
22 days
$61
$0.61 / share
43.88%69%
$104 / $106
3.0% OTM · 2 wide
Nov 27
29 days
$61
$0.61 / share
43.88%61%
$105 / $107
4.0% OTM · 2 wide
Dec 4
36 days
$56
$0.56 / share
38.89%64%
$109 / $111
8.0% OTM · 2 wide
Dec 4
36 days
$51
$0.51 / share
34.23%73%
$104 / $106
3.0% OTM · 2 wide
Nov 20
22 days
$50
$0.50 / share
33.33%66%
$106 / $108
5.0% OTM · 2 wide
Nov 20
22 days
$47
$0.47 / share
30.72%72%
$107 / $109
6.0% OTM · 2 wide
Nov 27
29 days
$47
$0.47 / share
30.72%71%
10 of 16 matchesCustomize filters →

03 — Strategy

Bear Call Spreads, plainly explained

Moderately bearish or neutral traders seeking defined-risk credit income.

P&L at expiration · $106/$108 call spread · 36 DTE

$0+$340−$-140$108 LONG$109.40 BE$106 SHORT

Key numbers

Premium collected+$340
Max profit+$340
Breakeven$109.40
Spread$106 / $108
Probability of profit66%
Days to expiration36

When this trade makes sense

Use when

    Avoid when

      Read the full bear call spreads guide →

      05 — RUN IT LIVE

      See the highest chance of profit on BABA.

      Option Agent scans live chains and recommends setups based on current market conditions.

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      Option Agent is not a registered investment advisor, broker-dealer, or financial planner. All analysis, recommendations, and data are for informational and educational purposes only and do not constitute personalized investment advice. Options trading involves substantial risk of loss and is not suitable for all investors. Past probability calculations do not guarantee future results. Consult a qualified financial advisor before making investment decisions.