01 — GLD · BULL PUT SPREADS

Best GLD 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.

Largest gold ETF with steady options flow tied to real-rate moves, dollar strength, and central-bank buying.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
SPDR Gold Shares
Commodity ETF
GLD
$368.53-3.2% / 30d
IV rank (1y)
17.5% · low
Option vol
58K /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
$361/$356 put spread · Dec 4
36 DAYS · 3.4% OTM · 5 WIDE · SELL TO OPEN
Credit
$488
Return
4066.67%
PoP
66%
SpreadExpirationCreditReturn ↓PoP
$363 / $358
2.8% OTM · 5 wide
Dec 4
36 days
$285
$2.85 / share
132.56%63%
$358 / $355
4.2% OTM · 3 wide
Dec 4
36 days
$113
$1.13 / share
60.43%70%
$358 / $355
4.2% OTM · 3 wide
Nov 27
29 days
$110
$1.10 / share
57.89%72%
$360 / $355
3.6% OTM · 5 wide
Dec 4
36 days
$173
$1.73 / share
52.91%67%
$364 / $359
2.5% OTM · 5 wide
Dec 4
36 days
$163
$1.63 / share
48.37%61%
$365 / $360
2.3% OTM · 5 wide
Nov 20
22 days
$153
$1.53 / share
44.09%60%
$359 / $355
3.9% OTM · 4 wide
Dec 4
36 days
$115
$1.15 / share
40.35%69%
$363 / $358
2.8% OTM · 5 wide
Nov 20
22 days
$143
$1.43 / share
40.06%65%
$361 / $356
3.4% OTM · 5 wide
Nov 20
22 days
$140
$1.40 / share
38.89%68%
10 of 25 matchesCustomize filters →

03 — Strategy

Bull Put Spreads, plainly explained

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

P&L at expiration · $361/$356 put spread · 36 DTE

$0+$488−$12$356 LONG$356.12 BE$361 SHORT

Key numbers

Premium collected+$488
Max profit+$488
Max loss−$12
Breakeven$356.12
Spread$361 / $356
Probability of profit66%
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 GLD.

      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.