01 — TQQQ · BEAR CALL SPREADS

Best TQQQ 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.

+3x daily leveraged Nasdaq-100 ETF with high contract volume and structural decay risk.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
ProShares UltraPro QQQ
Leveraged ETF
TQQQ
$62.01-20.5% / 30d
IV rank (1y)
52% · moderate
Option vol
52K /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
$69.5/$72 call spread · Dec 4
34 DAYS · 12.1% OTM · 3 WIDE · SELL TO OPEN
Credit
$390
Return
39000%
PoP
68%
SpreadExpirationCreditReturn ↓PoP
$67.5 / $70
8.8% OTM · 3 wide
Dec 4
34 days
$145
$1.45 / share
138.1%60%
$70.5 / $73
13.7% OTM · 3 wide
Dec 4
34 days
$120
$1.20 / share
92.31%70%
$69 / $71.5
11.3% OTM · 3 wide
Dec 4
34 days
$91
$0.91 / share
57.23%66%
$67 / $69
8.1% OTM · 2 wide
Nov 27
27 days
$65
$0.65 / share
48.15%62%
$70 / $72.5
12.9% OTM · 3 wide
Dec 4
34 days
$80
$0.80 / share
47.06%68%
$68.5 / $71
10.5% OTM · 3 wide
Dec 4
34 days
$73
$0.73 / share
41.24%64%
$68 / $70.5
9.7% OTM · 3 wide
Nov 27
27 days
$71
$0.71 / share
39.66%65%
$70 / $72.5
12.9% OTM · 3 wide
Nov 27
27 days
$68
$0.68 / share
37.36%71%
$69 / $71.5
11.3% OTM · 3 wide
Nov 27
27 days
$59
$0.59 / share
30.89%67%
10 of 17 matchesCustomize filters →

03 — Strategy

Bear Call Spreads, plainly explained

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

P&L at expiration · $69.5/$72 call spread · 34 DTE

$0+$390−$-140$72 LONG$73.40 BE$70 SHORT

Key numbers

Premium collected+$390
Max profit+$390
Breakeven$73.40
Spread$69.5 / $72
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

      See the highest chance of profit on TQQQ.

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

      Analyze TQQQ free →