01 — WMT · BULL PUT SPREADS

Best WMT 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.

Mega-cap defensive name with steady options flow tied to grocery share, e-commerce, and ad-business growth.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Walmart
Consumer Staples
WMT
$121.25+16.7% / 30d
IV rank (1y)
15.2% · low
Next earnings
Nov 19
Market cap
$964.9B
P/E (fwd)
37.6
Dividend
$0.96 · Dec 11
Option vol
47K /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
$118/$115 put spread · Nov 27
29 DAYS · 0.7% OTM · 3 WIDE · SELL TO OPEN
Credit
$187
Return
165.49%
PoP
67%
SpreadExpirationCreditReturn ↓PoP
$118 / $115
0.7% OTM · 3 wide
Dec 4
36 days
$139
$1.39 / share
86.34%66%
$116 / $113
2.3% OTM · 3 wide
Dec 4
36 days
$124
$1.24 / share
70.45%73%
$116 / $113
2.3% OTM · 3 wide
Nov 27
29 days
$114
$1.14 / share
61.29%73%
$118 / $115
0.7% OTM · 3 wide
Nov 20
22 days
$95
$0.95 / share
46.34%67%
$119 / $116
0.2% OTM · 3 wide
Nov 20
22 days
$94
$0.94 / share
45.63%63%
$117 / $114
1.5% OTM · 3 wide
Nov 20
22 days
$85
$0.85 / share
39.53%70%
$117 / $114
1.5% OTM · 3 wide
Nov 27
29 days
$82
$0.82 / share
37.61%71%
$117 / $114
1.5% OTM · 3 wide
Dec 4
36 days
$80
$0.80 / share
36.36%69%
$116 / $113
2.3% OTM · 3 wide
Nov 20
22 days
$78
$0.78 / share
35.14%72%
10 of 12 matchesCustomize filters →

03 — Strategy

Bull Put Spreads, plainly explained

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

P&L at expiration · $118/$115 put spread · 29 DTE

$0+$187−$113$115 LONG$116.13 BE$118 SHORT

Key numbers

Premium collected+$187
Max profit+$187
Max loss−$113
Breakeven$116.13
Spread$118 / $115
Probability of profit67%
Days to expiration29

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 WMT.

      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.