01 — BABA · CASH-SECURED PUTS

Best BABA cash-secured puts 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.

ADR with two-track volatility: company fundamentals plus China policy and US-listing risk overlay.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Alibaba
Consumer / Tech (China)
BABA
$140.06+9.7% / 30d
IV rank (1y)
40.3% · moderate
Next earnings
May 13
Market cap
$336.0B
P/E (fwd)
19.0
Option vol
38K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on annualized return, premium, and probability of profit.

Days to expiration
Probability of profit
Sort by
Top pick
$136 put · Jun 12
35 DAYS · 3.5% OTM · SELL TO OPEN
Credit
$930
Annualized
68.78%
PoP
61%
StrikeExpirationCreditAnnualized PoP
$136
3.5% OTM
May 29
21 days
$475
$4.75 / share
58.55%62%
$137
2.8% OTM
May 29
21 days
$450
$4.50 / share
55.47%60%
$135
4.3% OTM
May 29
21 days
$440
$4.40 / share
54.24%65%
$134
5.0% OTM
Jun 12
35 days
$700
$7.00 / share
51.77%65%
$136
3.5% OTM
Jun 5
28 days
$540
$5.40 / share
49.92%62%
$134
5.0% OTM
May 29
21 days
$385
$3.85 / share
47.46%67%
$135
4.3% OTM
Jun 5
28 days
$490
$4.90 / share
45.3%64%
$133
5.7% OTM
May 29
21 days
$341
$3.41 / share
42.03%69%
$135
4.3% OTM
Jun 12
35 days
$567
$5.67 / share
41.94%64%
10 of 25 matchesCustomize filters →

03 — Strategy

Cash-Secured Puts, plainly explained

Income-focused traders comfortable owning shares if assigned.

P&L at expiration · $136 put · 35 DTE

$0+$930losses$126.70 BREAKEVEN$136 STRIKE

Key numbers

Premium collected+$930
Max profit+$930
Breakeven$126.70
Capped above$136
Probability of profit61%
Days to expiration35

When this trade makes sense

Use when

  • You have cash to buy 100 shares at the strike
  • You'd be happy owning the stock at the strike price
  • You think the stock holds or drifts up
  • IV rank is elevated — premiums are rich

Avoid when

  • You think the stock is about to drop hard
  • You don't actually want to own the stock
  • Earnings are inside the expiration window
  • Premiums are unusually low — nothing to collect
Read the full cash-secured puts guide →

05 — RUN IT LIVE

See the highest chance of profit on BABA.

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.