01 — SPY · BULL PUT SPREADS

Best SPY 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.

Deep liquidity and broad macro sensitivity, useful for probability-based structures.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
SPDR S&P 500 ETF Trust
Index ETF
SPY
$769.36+0.9% / 30d
IV rank (1y)
22.1% · low
Option vol
6752K /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
$756/$746 put spread · Nov 30
32 DAYS · 2.1% OTM · 10 WIDE · SELL TO OPEN
Credit
$410
Return
69.49%
PoP
64%
SpreadExpirationCreditReturn ↓PoP
$757 / $747
2.0% OTM · 10 wide
Dec 4
36 days
$320
$3.20 / share
47.06%62%
$755 / $745
2.2% OTM · 10 wide
Nov 30
32 days
$315
$3.15 / share
45.99%65%
$754 / $744
2.4% OTM · 10 wide
Nov 30
32 days
$299
$2.99 / share
42.65%66%
$756 / $746
2.1% OTM · 10 wide
Nov 20
22 days
$298
$2.98 / share
42.45%65%
$752 / $742
2.6% OTM · 10 wide
Dec 4
36 days
$295
$2.95 / share
41.84%67%
$757 / $747
2.0% OTM · 10 wide
Nov 20
22 days
$280
$2.80 / share
38.89%64%
$759 / $749
1.7% OTM · 10 wide
Dec 4
36 days
$262
$2.62 / share
35.5%60%
$759 / $749
1.7% OTM · 10 wide
Nov 27
29 days
$260
$2.60 / share
35.14%61%
$754 / $744
2.4% OTM · 10 wide
Nov 20
22 days
$259
$2.59 / share
34.95%68%
10 of 62 matchesCustomize filters →

03 — Strategy

Bull Put Spreads, plainly explained

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

P&L at expiration · $756/$746 put spread · 32 DTE

$0+$410−$590$746 LONG$751.90 BE$756 SHORT

Key numbers

Premium collected+$410
Max profit+$410
Max loss−$590
Breakeven$751.90
Spread$756 / $746
Probability of profit64%
Days to expiration32

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 SPY.

      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.