01 — SHOP · BULL PUT SPREADS

Best SHOP 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 growth name with options flow concentrated around earnings and consumer-spending data.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Shopify
Software / E-commerce
SHOP
$157.49+6.2% / 30d
IV rank (1y)
27.7% · low
Next earnings
Nov 3
Market cap
$204.4B
P/E (fwd)
64.1
Option vol
12K /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
$145/$142 put spread · Dec 4
34 DAYS · 7.9% OTM · 3 WIDE · SELL TO OPEN
Credit
$870
Return
87000%
PoP
69%
SpreadExpirationCreditReturn ↓PoP
$144 / $142
8.6% OTM · 2 wide
Dec 4
34 days
$840
$8.40 / share
84000%70%
$149 / $146
5.4% OTM · 3 wide
Dec 4
34 days
$839
$8.39 / share
83900%64%
$150 / $147
4.8% OTM · 3 wide
Nov 27
27 days
$507
$5.07 / share
50700%63%
$145 / $142
7.9% OTM · 3 wide
Nov 27
27 days
$387
$3.87 / share
38700%69%
$152.5 / $150
3.2% OTM · 3 wide
Dec 4
34 days
$243
$2.43 / share
3471.43%60%
$144 / $142
8.6% OTM · 2 wide
Nov 27
27 days
$170
$1.70 / share
566.67%70%
$152.5 / $150
3.2% OTM · 3 wide
Nov 27
27 days
$148
$1.48 / share
145.1%60%
$147 / $144
6.7% OTM · 3 wide
Dec 4
34 days
$103
$1.03 / share
52.28%66%
$140 / $135
11.1% OTM · 5 wide
Dec 4
34 days
$170
$1.70 / share
51.52%74%
10 of 14 matchesCustomize filters →

03 — Strategy

Bull Put Spreads, plainly explained

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

P&L at expiration · $145/$142 put spread · 34 DTE

$0+$870−$-570$142 LONG$136.30 BE$145 SHORT

Key numbers

Premium collected+$870
Max profit+$870
Breakeven$136.30
Spread$145 / $142
Probability of profit69%
Days to expiration34

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 SHOP.

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