01 — SHOP · BULL PUT SPREADS

Best SHOP 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 growth name with options flow concentrated around earnings and consumer-spending data.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Shopify
Software / E-commerce
SHOP
$166.89+12.5% / 30d
IV rank (1y)
17.8% · low
Next earnings
Nov 3
Market cap
$216.6B
P/E (fwd)
67.9
Option vol
12K /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
$160/$157.5 put spread · Dec 4
36 DAYS · 4.9% OTM · 3 WIDE · SELL TO OPEN
Credit
$925
Return
92500%
PoP
61%
SpreadExpirationCreditReturn ↓PoP
$149 / $146
11.4% OTM · 3 wide
Dec 4
36 days
$655
$6.55 / share
65500%73%
$150 / $147
10.8% OTM · 3 wide
Dec 4
36 days
$648
$6.48 / share
64800%72%
$155 / $152.5
7.9% OTM · 3 wide
Nov 27
29 days
$154
$1.54 / share
160.42%67%
$157.5 / $155
6.4% OTM · 3 wide
Nov 20
22 days
$123
$1.23 / share
96.85%65%
$160 / $157.5
4.9% OTM · 3 wide
Nov 27
29 days
$101
$1.01 / share
67.79%61%
$155 / $152.5
7.9% OTM · 3 wide
Nov 20
22 days
$90
$0.90 / share
56.25%67%
$152.5 / $150
9.3% OTM · 3 wide
Nov 20
22 days
$85
$0.85 / share
51.52%71%
$152.5 / $150
9.3% OTM · 3 wide
Dec 4
36 days
$74
$0.74 / share
42.05%70%
$150 / $145
10.8% OTM · 5 wide
Nov 20
22 days
$135
$1.35 / share
36.99%73%
10 of 16 matchesCustomize filters →

03 — Strategy

Bull Put Spreads, plainly explained

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

P&L at expiration · $160/$157.5 put spread · 36 DTE

$0+$925−$-675$158 LONG$150.75 BE$160 SHORT

Key numbers

Premium collected+$925
Max profit+$925
Breakeven$150.75
Spread$160 / $157.5
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 SHOP.

      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.