01 — ORCL · BULL PUT SPREADS

Best ORCL 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.

Mega-cap enterprise software name with options flow tied to OCI growth and AI infrastructure RPO.

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Oracle
Software / Cloud
ORCL
$130.67-4.5% / 30d
IV rank (1y)
65.9% · elevated
Next earnings
Dec 14
Market cap
$396.1B
P/E (fwd)
11.8
Dividend
$2.00 · Oct 9
Option vol
94K /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
$122/$119 put spread · Nov 27
27 DAYS · 6.6% OTM · 3 WIDE · SELL TO OPEN
Credit
$162
Return
117.39%
PoP
71%
SpreadExpirationCreditReturn ↓PoP
$120 / $117
8.2% OTM · 3 wide
Nov 27
27 days
$150
$1.50 / share
100%74%
$123 / $120
5.9% OTM · 3 wide
Dec 4
34 days
$150
$1.50 / share
100%68%
$119 / $116
8.9% OTM · 3 wide
Dec 4
34 days
$137
$1.37 / share
84.05%74%
$126 / $123
3.6% OTM · 3 wide
Nov 27
27 days
$130
$1.30 / share
76.47%63%
$126 / $123
3.6% OTM · 3 wide
Dec 4
34 days
$125
$1.25 / share
71.43%63%
$123 / $120
5.9% OTM · 3 wide
Nov 27
27 days
$115
$1.15 / share
62.16%69%
$127 / $124
2.8% OTM · 3 wide
Nov 27
27 days
$115
$1.15 / share
62.16%61%
$121 / $118
7.4% OTM · 3 wide
Dec 4
34 days
$115
$1.15 / share
62.16%71%
$124 / $121
5.1% OTM · 3 wide
Dec 4
34 days
$115
$1.15 / share
62.16%66%
10 of 17 matchesCustomize filters →

03 — Strategy

Bull Put Spreads, plainly explained

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

P&L at expiration · $122/$119 put spread · 27 DTE

$0+$162−$138$119 LONG$120.38 BE$122 SHORT

Key numbers

Premium collected+$162
Max profit+$162
Max loss−$138
Breakeven$120.38
Spread$122 / $119
Probability of profit71%
Days to expiration27

When this trade makes sense

Use when

    Avoid when

      Read the full bull put spreads guide →

      05 — RUN IT LIVE

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