01 — PYPL · BEAR CALL SPREADS

Best PYPL 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.

Mature payments name with moderate options flow tied to active-account growth and Venmo monetization.

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Financials / Fintech
PYPL
$57.01+8.5% / 30d
IV rank (1y)
7.1% · low
Next earnings
Oct 27
Market cap
$47.4B
P/E (fwd)
9.7
Dividend
$0.56 · Sep 4
Option vol
18K /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
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Top pick · credit spread
$59/$61 call spread · Dec 4
34 DAYS · 3.5% OTM · 2 WIDE · SELL TO OPEN
Credit
$54
Return
36.99%
PoP
62%
SpreadExpirationCreditReturn ↓PoP
$60 / $62
5.2% OTM · 2 wide
Dec 4
34 days
$47
$0.47 / share
30.72%69%
$60 / $62
5.2% OTM · 2 wide
Nov 27
27 days
$40
$0.40 / share
25%73%
$59 / $61
3.5% OTM · 2 wide
Nov 27
27 days
$31
$0.31 / share
18.34%64%
4 of 4 matchesCustomize filters →

03 — Strategy

Bear Call Spreads, plainly explained

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

P&L at expiration · $59/$61 call spread · 34 DTE

$0+$54−$146$61 LONG$59.54 BE$59 SHORT

Key numbers

Premium collected+$54
Max profit+$54
Max loss−$146
Breakeven$59.54
Spread$59 / $61
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

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