Learn/Bull Put Spreads/XOM

01 — XOM · BULL PUT SPREADS

Best XOM 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.

Largest US energy supermajor with steady options flow tied to crude prices and capital-return policy.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
ExxonMobil
Energy
XOM
$187.25+15.1% / 30d
IV rank (1y)
23.6% · low
Next earnings
Oct 30
Market cap
$770.0B
P/E (fwd)
15.6
Option vol
37K /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
$180/$175 put spread · Nov 27
27 DAYS · 3.9% OTM · 5 WIDE · SELL TO OPEN
Credit
$172
Return
52.44%
PoP
69%
SpreadExpirationCreditReturn ↓PoP
$180 / $175
3.9% OTM · 5 wide
Dec 4
34 days
$134
$1.34 / share
36.61%68%
$110 / $105
41.3% OTM · 5 wide
Dec 4
34 days
$1
$0.01 / share
0.2%70%
3 of 3 matchesCustomize filters →

03 — Strategy

Bull Put Spreads, plainly explained

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

P&L at expiration · $180/$175 put spread · 27 DTE

$0+$172−$328$175 LONG$178.28 BE$180 SHORT

Key numbers

Premium collected+$172
Max profit+$172
Max loss−$328
Breakeven$178.28
Spread$180 / $175
Probability of profit69%
Days to expiration27

When this trade makes sense

Use when

    Avoid when

      Read the full bull put spreads guide →

      04 — By condition

      Read by market condition

      01
      High Implied Volatility
      READ →
      02
      Range-Bound Market
      READ →
      03
      Earnings Week
      READ →
      04
      Bullish Trend
      READ →
      05
      Post-Earnings IV Crush
      READ →

      05 — RUN IT LIVE

      See the highest chance of profit on XOM.

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

      Analyze XOM free →