01 — NFLX · BULL PUT SPREADS

Best NFLX 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.

High-beta single name with violent post-earnings repricing tied to subscriber numbers and pricing actions.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Netflix
Communication Services
NFLX
$62.05-10.8% / 30d
IV rank (1y)
43.1% · moderate
Next earnings
Jan 19
Market cap
$258.4B
P/E (fwd)
16.4
Option vol
131K /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
$61/$59 put spread · Nov 20
22 DAYS · 1.6% OTM · 2 WIDE · SELL TO OPEN
Credit
$70
Return
53.85%
PoP
62%
SpreadExpirationCreditReturn ↓PoP
$61 / $58
1.6% OTM · 3 wide
Nov 27
29 days
$98
$0.98 / share
48.51%62%
$60 / $57
3.2% OTM · 3 wide
Dec 4
36 days
$88
$0.88 / share
41.51%67%
$61 / $58
1.6% OTM · 3 wide
Dec 4
36 days
$87
$0.87 / share
40.85%61%
$60 / $57.5
3.2% OTM · 3 wide
Nov 20
22 days
$63
$0.63 / share
33.69%70%
$60 / $57
3.2% OTM · 3 wide
Nov 27
29 days
$72
$0.72 / share
31.58%68%
$59 / $56
4.8% OTM · 3 wide
Dec 4
36 days
$66
$0.66 / share
28.21%73%
$59 / $56
4.8% OTM · 3 wide
Nov 27
29 days
$64
$0.64 / share
27.12%75%
$10 / $7.5
83.9% OTM · 3 wide
Nov 20
22 days
$1
$0.01 / share
0.4%70%
$15 / $12.5
75.8% OTM · 3 wide
Nov 20
22 days
$1
$0.01 / share
0.4%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 · $61/$59 put spread · 22 DTE

$0+$70−$130$59 LONG$60.30 BE$61 SHORT

Key numbers

Premium collected+$70
Max profit+$70
Max loss−$130
Breakeven$60.30
Spread$61 / $59
Probability of profit62%
Days to expiration22

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 NFLX.

      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.