01 — WMT · BULL PUT SPREADS

Best WMT 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 defensive name with steady options flow tied to grocery share, e-commerce, and ad-business growth.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Walmart
Consumer Staples
WMT
$123.51+18.9% / 30d
IV rank (1y)
15.8% · low
Next earnings
Nov 19
Market cap
$982.9B
P/E (fwd)
38.3
Dividend
$0.96 · Dec 11
Option vol
29K /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
$117/$114 put spread · Dec 4
34 DAYS · 5.3% OTM · 3 WIDE · SELL TO OPEN
Credit
$125
Return
71.43%
PoP
73%
SpreadExpirationCreditReturn ↓PoP
$120 / $117
2.8% OTM · 3 wide
Nov 27
27 days
$94
$0.94 / share
45.63%65%
$121 / $118
2.0% OTM · 3 wide
Nov 27
27 days
$94
$0.94 / share
45.63%61%
$121 / $118
2.0% OTM · 3 wide
Dec 4
34 days
$93
$0.93 / share
44.93%61%
$118 / $115
4.5% OTM · 3 wide
Nov 27
27 days
$88
$0.88 / share
41.51%72%
$119 / $116
3.6% OTM · 3 wide
Nov 27
27 days
$80
$0.80 / share
36.36%68%
$119 / $116
3.6% OTM · 3 wide
Dec 4
34 days
$79
$0.79 / share
35.75%67%
$117 / $114
5.3% OTM · 3 wide
Nov 27
27 days
$72
$0.72 / share
31.58%74%
$118 / $115
4.5% OTM · 3 wide
Dec 4
34 days
$56
$0.56 / share
22.95%70%
$120 / $117
2.8% OTM · 3 wide
Dec 4
34 days
$46
$0.46 / share
18.11%63%
10 of 10 matchesCustomize filters →

03 — Strategy

Bull Put Spreads, plainly explained

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

P&L at expiration · $117/$114 put spread · 34 DTE

$0+$125−$175$114 LONG$115.75 BE$117 SHORT

Key numbers

Premium collected+$125
Max profit+$125
Max loss−$175
Breakeven$115.75
Spread$117 / $114
Probability of profit73%
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 WMT.

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

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