01 — COST · BEAR CALL SPREADS

Best COST 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.

Premium-multiple defensive name with relatively low IV and steady options flow around monthly comp prints.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Costco Wholesale
Consumer Staples
COST
$996.08+9.4% / 30d
IV rank (1y)
25.2% · low
Next earnings
Dec 10
Market cap
$441.4B
P/E (fwd)
39.8
Dividend
$5.54 · Oct 30
Option vol
25K /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
$1035/$1045 call spread · Dec 4
36 DAYS · 5.3% OTM · 10 WIDE · SELL TO OPEN
Credit
$1055
Return
105500%
PoP
70%
SpreadExpirationCreditReturn ↓PoP
$1020 / $1030
3.8% OTM · 10 wide
Nov 27
29 days
$361
$3.61 / share
56.49%60%
$1035 / $1045
5.3% OTM · 10 wide
Nov 27
29 days
$308
$3.08 / share
44.51%72%
$1025 / $1035
4.3% OTM · 10 wide
Nov 20
22 days
$304
$3.04 / share
43.68%67%
$1020 / $1030
3.8% OTM · 10 wide
Nov 20
22 days
$279
$2.79 / share
38.7%62%
$1040 / $1050
5.8% OTM · 10 wide
Dec 4
36 days
$262
$2.62 / share
35.5%74%
$1030 / $1040
4.8% OTM · 10 wide
Nov 27
29 days
$244
$2.44 / share
32.28%69%
$1040 / $1050
5.8% OTM · 10 wide
Nov 27
29 days
$237
$2.37 / share
31.06%75%
$1030 / $1040
4.8% OTM · 10 wide
Dec 4
36 days
$230
$2.30 / share
29.87%66%
$1025 / $1035
4.3% OTM · 10 wide
Nov 27
29 days
$219
$2.19 / share
28.04%65%
10 of 11 matchesCustomize filters →

03 — Strategy

Bear Call Spreads, plainly explained

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

P&L at expiration · $1035/$1045 call spread · 36 DTE

$0+$1,055−$-55$1045 LONG$1045.55 BE$1035 SHORT

Key numbers

Premium collected+$1,055
Max profit+$1,055
Breakeven$1045.55
Spread$1035 / $1045
Probability of profit70%
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 COST.

      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.