01 — NFLX · BULL PUT SPREADS

Best NFLX bull put 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.

High-beta single name with violent post-earnings repricing tied to subscriber numbers and pricing actions.

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Netflix
Communication Services
NFLX
$62.08-10.8% / 30d
IV rank (1y)
42.9% · moderate
Next earnings
Jan 19
Market cap
$258.5B
P/E (fwd)
16.5
Option vol
84K /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
$61/$58 put spread · Nov 27
27 DAYS · 1.7% OTM · 3 WIDE · SELL TO OPEN
Credit
$115
Return
62.16%
PoP
60%
SpreadExpirationCreditReturn ↓PoP
$60 / $57
3.4% OTM · 3 wide
Dec 4
34 days
$102
$1.02 / share
51.52%66%
$60 / $57
3.4% OTM · 3 wide
Nov 27
27 days
$85
$0.85 / share
39.53%67%
$59 / $56
5.0% OTM · 3 wide
Dec 4
34 days
$75
$0.75 / share
33.33%71%
$59 / $56
5.0% OTM · 3 wide
Nov 27
27 days
$60
$0.60 / share
25%73%
5 of 5 matchesCustomize filters →

03 — Strategy

Bull Put Spreads, plainly explained

Moderately bullish traders who want defined risk and credit-based income.

P&L at expiration · $61/$58 put spread · 27 DTE

$0+$115−$185$58 LONG$59.85 BE$61 SHORT

Key numbers

Premium collected+$115
Max profit+$115
Max loss−$185
Breakeven$59.85
Spread$61 / $58
Probability of profit60%
Days to expiration27

When this trade makes sense

Use when

    Avoid when

      Read the full bull put spreads guide →

      05 — RUN IT LIVE

      See the highest chance of profit on NFLX.

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