01 — COST · CASH-SECURED PUTS

Best COST cash-secured puts 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.

Premium-multiple defensive name with relatively low IV and steady options flow around monthly comp prints.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Costco Wholesale
Consumer Staples
COST
$1012.28+11.4% / 30d
IV rank (1y)
29.4% · low
Next earnings
Dec 10
Market cap
$448.6B
P/E (fwd)
40.5
Dividend
$5.54 · Oct 30
Option vol
8K /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
$985 put · Dec 4
34 DAYS · 2.7% OTM · SELL TO OPEN
Credit
$2017
Return
1.99%
PoP
69%
StrikeExpirationCreditReturn ↓PoP
$980
3.2% OTM
Dec 4
34 days
$1697
$16.97 / share
1.68%71%
$1000
1.2% OTM
Nov 27
27 days
$1467
$14.67 / share
1.45%60%
$990
2.2% OTM
Dec 4
34 days
$1306
$13.06 / share
1.29%66%
$995
1.7% OTM
Nov 27
27 days
$1205
$12.05 / share
1.19%64%
$990
2.2% OTM
Nov 27
27 days
$1189
$11.89 / share
1.17%67%
$985
2.7% OTM
Nov 27
27 days
$977
$9.77 / share
0.97%70%
$975
3.7% OTM
Dec 4
34 days
$930
$9.30 / share
0.92%73%
$980
3.2% OTM
Nov 27
27 days
$833
$8.33 / share
0.82%73%
$760
24.9% OTM
Dec 4
34 days
$16
$0.16 / share
0.02%70%
10 of 35 matchesCustomize filters →

03 — Strategy

Cash-Secured Puts, plainly explained

Income-focused traders comfortable owning shares if assigned.

P&L at expiration · $985 put · 34 DTE

$0+$2,017losses$964.83 BREAKEVEN$985 STRIKE

Key numbers

Premium collected+$2,017
Max profit+$2,017
Breakeven$964.83
Capped above$985
Probability of profit69%
Days to expiration34

When this trade makes sense

Use when

  • ✓You have cash to buy 100 shares at the strike
  • ✓You'd be happy owning the stock at the strike price
  • ✓You think the stock holds or drifts up
  • ✓IV rank is elevated — premiums are rich

Avoid when

  • ✕You think the stock is about to drop hard
  • ✕You don't actually want to own the stock
  • ✕Earnings are inside the expiration window
  • ✕Premiums are unusually low — nothing to collect
Read the full cash-secured puts guide →

05 — RUN IT LIVE

See the highest chance of profit on COST.

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

Analyze COST free →