01 — COST · BEAR CALL SPREADS

Best COST 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.

Premium-multiple defensive name with relatively low IV and steady options flow around monthly comp prints.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Costco Wholesale
Consumer Staples
COST
$1012.28+11.4% / 30d
IV rank (1y)
29.4% · low
Next earnings
Dec 10
Market cap
$448.6B
P/E (fwd)
40.5
Dividend
$5.54 · Oct 30
Option vol
8K /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
$1035/$1045 call spread · Dec 4
34 DAYS · 2.2% OTM · 10 WIDE · SELL TO OPEN
Credit
$1215
Return
121500%
PoP
60%
SpreadExpirationCreditReturn ↓PoP
$1055 / $1065
4.2% OTM · 10 wide
Dec 4
34 days
$685
$6.85 / share
217.46%71%
$1050 / $1060
3.7% OTM · 10 wide
Dec 4
34 days
$608
$6.08 / share
155.1%68%
$1035 / $1045
2.2% OTM · 10 wide
Nov 27
27 days
$600
$6.00 / share
150%63%
$1045 / $1055
3.2% OTM · 10 wide
Nov 27
27 days
$528
$5.28 / share
111.86%69%
$1050 / $1060
3.7% OTM · 10 wide
Nov 27
27 days
$380
$3.80 / share
61.29%73%
$1040 / $1050
2.7% OTM · 10 wide
Nov 27
27 days
$330
$3.30 / share
49.25%66%
$1055 / $1065
4.2% OTM · 10 wide
Nov 27
27 days
$71
$0.71 / share
7.64%74%
$1060 / $1070
4.7% OTM · 10 wide
Dec 4
34 days
$7
$0.07 / share
0.7%74%
9 of 9 matchesCustomize filters →

03 — Strategy

Bear Call Spreads, plainly explained

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

P&L at expiration · $1035/$1045 call spread · 34 DTE

$0+$1,215−$-215$1045 LONG$1047.15 BE$1035 SHORT

Key numbers

Premium collected+$1,215
Max profit+$1,215
Breakeven$1047.15
Spread$1035 / $1045
Probability of profit60%
Days to expiration34

When this trade makes sense

Use when

    Avoid when

      Read the full bear call spreads guide →

      05 — RUN IT LIVE

      See the highest chance of profit on COST.

      Alpha Hawk scans live chains and recommends setups based on current market conditions.

      Analyze COST free →