01 — DIS · BEAR CALL SPREADS

Best DIS 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.

Mega-cap media name with episodic catalysts around Parks results and streaming profitability.

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Walt Disney
Communication Services
DIS
$110.94+5.8% / 30d
IV rank (1y)
12% · low
Next earnings
Nov 17
Market cap
$191.6B
P/E (fwd)
14.8
Dividend
$1.50 · Jun 30
Option vol
5K /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
$116/$118 call spread · Dec 4
34 DAYS · 4.6% OTM · 2 WIDE · SELL TO OPEN
Credit
$240
Return
24000%
PoP
62%
SpreadExpirationCreditReturn ↓PoP
$121 / $123
9.1% OTM · 2 wide
Dec 4
34 days
$118
$1.18 / share
143.9%73%
$116 / $118
4.6% OTM · 2 wide
Nov 27
27 days
$112
$1.12 / share
127.27%65%
$119 / $121
7.3% OTM · 2 wide
Dec 4
34 days
$77
$0.77 / share
62.6%73%
$115 / $117
3.7% OTM · 2 wide
Nov 27
27 days
$69
$0.69 / share
52.67%61%
$117 / $119
5.5% OTM · 2 wide
Nov 27
27 days
$60
$0.60 / share
42.86%68%
$119 / $121
7.3% OTM · 2 wide
Nov 27
27 days
$40
$0.40 / share
25%74%
$118 / $120
6.4% OTM · 2 wide
Nov 27
27 days
$25
$0.25 / share
14.29%71%
8 of 8 matchesCustomize filters →

03 — Strategy

Bear Call Spreads, plainly explained

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

P&L at expiration · $116/$118 call spread · 34 DTE

$0+$240−$-40$118 LONG$118.40 BE$116 SHORT

Key numbers

Premium collected+$240
Max profit+$240
Breakeven$118.40
Spread$116 / $118
Probability of profit62%
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 DIS.

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