01 — BABA · BULL PUT SPREADS

Best BABA bull put 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
$96/$93 put spread · Dec 4
36 DAYS · 4.9% OTM · 3 WIDE · SELL TO OPEN
Credit
$124
Return
70.45%
PoP
61%
SpreadExpirationCreditReturn ↓PoP
$95 / $92
5.9% OTM · 3 wide
Nov 27
29 days
$109
$1.09 / share
57.07%65%
$94 / $91
6.9% OTM · 3 wide
Dec 4
36 days
$97
$0.97 / share
47.78%68%
$92 / $89
8.9% OTM · 3 wide
Dec 4
36 days
$95
$0.95 / share
46.34%73%
$94 / $91
6.9% OTM · 3 wide
Nov 27
29 days
$82
$0.82 / share
37.61%68%
$95 / $92
5.9% OTM · 3 wide
Dec 4
36 days
$80
$0.80 / share
36.36%64%
$96 / $93
4.9% OTM · 3 wide
Nov 27
29 days
$77
$0.77 / share
34.53%61%
$95 / $90
5.9% OTM · 5 wide
Nov 20
22 days
$121
$1.21 / share
31.93%67%
$93 / $90
7.9% OTM · 3 wide
Nov 27
29 days
$72
$0.72 / share
31.58%72%
$93 / $90
7.9% OTM · 3 wide
Dec 4
36 days
$53
$0.53 / share
21.46%70%
10 of 11 matchesCustomize filters →

03 — Strategy

Bull Put Spreads, plainly explained

Moderately bullish traders who want defined risk and credit-based income.

P&L at expiration · $96/$93 put spread · 36 DTE

$0+$124−$176$93 LONG$94.76 BE$96 SHORT

Key numbers

Premium collected+$124
Max profit+$124
Max loss−$176
Breakeven$94.76
Spread$96 / $93
Probability of profit61%
Days to expiration36

When this trade makes sense

Use when

    Avoid when

      Read the full bull put 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.