01 — BABA · BEAR CALL SPREADS

Best BABA bear call 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.

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

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Alibaba
Consumer / Tech (China)
BABA
$98.04-8.8% / 30d
IV rank (1y)
35.4% · moderate
Next earnings
Nov 24
Market cap
$243.9B
P/E (fwd)
10.5
Dividend
$7.24 · Jun 11
Option vol
35K /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
$106/$108 call spread · Dec 4
34 DAYS · 8.1% OTM · 2 WIDE · SELL TO OPEN
Credit
$124
Return
163.16%
PoP
68%
SpreadExpirationCreditReturn ↓PoP
$105 / $107
7.1% OTM · 2 wide
Dec 4
34 days
$77
$0.77 / share
62.6%66%
$104 / $106
6.1% OTM · 2 wide
Dec 4
34 days
$73
$0.73 / share
57.48%63%
$104 / $106
6.1% OTM · 2 wide
Nov 27
27 days
$67
$0.67 / share
50.38%65%
$103 / $105
5.1% OTM · 2 wide
Nov 27
27 days
$57
$0.57 / share
39.86%62%
$105 / $107
7.1% OTM · 2 wide
Nov 27
27 days
$47
$0.47 / share
30.72%67%
$106 / $108
8.1% OTM · 2 wide
Nov 27
27 days
$42
$0.42 / share
26.58%70%
$109 / $111
11.2% OTM · 2 wide
Dec 4
34 days
$40
$0.40 / share
25%75%
$108 / $110
10.2% OTM · 2 wide
Dec 4
34 days
$36
$0.36 / share
21.95%73%
$107 / $109
9.1% OTM · 2 wide
Nov 27
27 days
$34
$0.34 / share
20.48%73%
10 of 11 matchesCustomize filters →

03 — Strategy

Bear Call Spreads, plainly explained

Moderately bearish or neutral traders seeking defined-risk credit income.

P&L at expiration · $106/$108 call spread · 34 DTE

$0+$124−$76$108 LONG$107.24 BE$106 SHORT

Key numbers

Premium collected+$124
Max profit+$124
Max loss−$76
Breakeven$107.24
Spread$106 / $108
Probability of profit68%
Days to expiration34

When this trade makes sense

Use when

    Avoid when

      Read the full bear call spreads guide →

      05 — RUN IT LIVE

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