Best Options Strategy for CLX
Looking for the best options strategy for The Clorox Company (CLX)? There is no single answer — the right play depends on your outlook, your risk tolerance and current implied volatility. Below, our free engine shows the highest-scoring defined-risk strategy on the live CLX option chain right now, and a simple map from your view on CLX to the strategy that fits it. Model any of them in the calculator before you trade.
About The Clorox Company
# About The Clorox Company
Clorox manufactures and sells consumer and professional cleaning, household, and food products across four operating segments. The Health and Wellness division produces disinfecting cleaners, bleach, drain openers, and laundry additives marketed under names like Clorox, Pine-Sol, and Liquid-Plumr, alongside professional-grade cleaning solutions for businesses and healthcare facilities. The Household segment covers cat litter brands (Fresh Step, Scoop Away), plastic bags and wraps (Glad), and charcoal grilling products (Kingsford). Its Lifestyle business includes salad dressings and condiments primarily sold under the Hidden Valley brand, water filtration systems (Brita), and natural personal care items (Burt's Bees). A fourth segment handles international operations, extending these product lines and adding vitamins and supplements (Natural Vitality, RenewLife) to markets outside the U.S.
The company generates revenue by distributing its brands through multiple retail channels: supermarkets, warehouse clubs, dollar stores, hardware retailers, drugstores, and pet supply shops, as well as direct-to-consumer e-commerce platforms. Clorox operates at…
Today's top-scoring strategy for CLX
Our engine ranks defined-risk strategies on the live CLX chain by probability of profit and risk/reward, then surfaces the best-scoring one. It is an educational illustration, not advice.
| Action | Qty | Type | Strike | Premium |
|---|---|---|---|---|
| Buy | 1× | PUT | $75 | $0.10 |
| Sell | 1× | PUT | $95 | $4.10 |
| Sell | 1× | CALL | $95 | $4.75 |
| Buy | 1× | CALL | $115 | $0.28 |
Simulazione
Simulazione prospettica di 6,000 traiettorie di prezzo lognormali fino alla scadenza — non è un backtest storico.
Analisi della strategia
Greche vs prezzo
Prezzo × volatilità (oggi)
| −30% | −15% | IV | +15% | +30% | |
|---|---|---|---|---|---|
| $120 | −$975 | −$908 | −$847 | −$795 | −$755 |
| $115 | −$801 | −$735 | −$684 | −$647 | −$624 |
| $111 | −$542 | −$505 | −$485 | −$478 | −$482 |
| $106 | −$229 | −$247 | −$275 | −$309 | −$346 |
| $101 | $62 | −$20 | −$98 | −$172 | −$240 |
| $96 | $224 | $104 | −$6 | −$104 | −$190 |
| $91 | $175 | $65 | −$38 | −$132 | −$215 |
| $87 | −$82 | −$139 | −$200 | −$261 | −$319 |
| $82 | −$451 | −$447 | −$453 | −$467 | −$488 |
| $77 | −$801 | −$758 | −$724 | −$700 | −$686 |
| $72 | −$1,031 | −$986 | −$942 | −$904 | −$872 |
Live scan from 2026-07-22 · quotes delayed ~15 minutes
Backtest storico: come si sarebbe comportata una Iron Butterfly su CLX
Abbiamo simulato in modo approssimativo una Iron Butterfly su CLX che avresti aperto ripetutamente nell'ultimo anno (93 ingressi storici, ciascuno mantenuto fino alla scadenza), con i premi d'ingresso modellati tramite Black-Scholes. Ecco come sarebbe andata sulla reale storia dei prezzi di CLX — un backtest didattico, non una previsione dei rendimenti futuri.
In via approssimativa: i premi d'ingresso sono modellati con Black-Scholes sulla base della volatilità realizzata trailing, mantenuti fino alla scadenza e regolati contro il reale prezzo di chiusura storico. Fill reali, volatilità implicita e slippage differiscono — consideralo come contesto indicativo, non come rendimento esatto.
Implied volatility
CLX is currently trading with elevated implied volatility, so its options carry richer premiums. On the options we scanned that was around 41% implied volatility, and higher implied volatility means richer premiums and wider expected moves.
Options on CLX currently price in about 41% implied volatility, versus roughly 33% the stock has actually realised over the past month. The two are roughly in line, so neither buying nor selling premium has a clear volatility edge here.
Off that volatility, the options market is pricing a move of about ±$11,2 (±12%) in CLX by 2026-08-21 — a range of roughly $84,94 to $107. Strikes inside that band hold most of the premium and see most of the action.
Across strikes, downside puts on CLX trade at a higher implied volatility than upside calls — the market is paying up for crash protection. That skew favours selling put spreads or buying calls over symmetric trades.
In evidenza dalla option chain di CLX: open interest, volume e skew
La option chain live di CLX mostra un rapporto put/call sull'open interest di 1.05 (balanced), con una volatilità implicita at-the-money intorno al 40.8%. L'open interest si concentra sulla call a 105 — un classico "muro" di resistenza — e sulla put a 90, un "muro" di supporto: esattamente gli strike a cui gli scrittori di opzioni sono più esposti verso la scadenza.
Istantanea di open interest, volume e volatilità implicita per la scadenza scansionata più vicina — contesto, non un segnale di trading.
Insider trading su CLX (SEC Form 4)
Operazioni degli insider sul mercato aperto relative a CLX negli ultimi sei mesi circa, tratte dalle comunicazioni SEC Form 4. Gli acquisti sul mercato aperto sono il segnale più raro e più forte — le vendite di routine effettuate nell'ambito di piani prestabiliti sono frequenti, quindi leggi un dato di vendita netta tenendolo presente.
| Insider | Azione | Azioni | Valore | Data |
|---|---|---|---|---|
| Breber Pierre R | Acquisto | 5000 | $429K | 2026-05-05 |
Fonte: comunicazioni SEC Form 4 tramite Finnhub. Solo acquisti (P) e vendite (S) sul mercato aperto — assegnazioni, esercizi di opzioni, donazioni e ritenute fiscali sono esclusi. Contesto informativo, non consulenza sugli investimenti.
Liquidity and tradeability
CLX options are reasonably liquid, with bid-ask spreads around 6,5% near the money. Defined-risk spreads and condors are workable; use limit orders and watch the fill on wider multi-leg trades.
Earnings & IV crush
CLX's next earnings report is due around 3 agosto 2026. Options that expire after it price in a binary move, so their implied volatility is elevated and usually collapses right after the announcement — an "IV crush". If your expiration falls before this date, the trade sidesteps the event.
With earnings roughly 12 days out, CLX's 41% implied volatility is inflated by event premium — and it usually collapses the moment results drop ("IV crush"). That rewards defined-risk premium sellers when the move stays muted, and punishes option buyers who paid the inflated price. Keep size small and risk defined through the report.
Dividend and assignment risk
CLX pays a dividend of about 5,2% a year, so short or covered calls on it carry early-assignment risk around each ex-dividend date — in-the-money calls are most exposed just before the stock goes ex-dividend.
Key figures
- Market cap
- $11.6B
- Beta (vs market)
- 0.53
- 52-week range
- $84.70–$132.03 (24% up the range)
- Short interest
- 10.8% of float · 4.4 days to cover
With 10.8% of CLX's float sold short, squeeze and gap risk are elevated — one reason its options can stay expensive.
Other strong setups for CLX
If your view on CLX differs, these also scored well in the latest scan:
How to choose an options strategy for CLX
Start with your outlook on CLX, then match it to a defined-risk structure. Here are the most common choices and when each makes sense:
Bullish
Buy a call for leverage with capped risk, or a bull call spread to lower the cost and breakeven when you have a target price.
Long Call → Bull Call Spread →Bearish
Buy a put to profit from a decline with defined risk, or a bear put spread to cheapen the trade when you expect a measured move down.
Long Put → Bear Put Spread →Neutral
Sell an iron condor to collect premium while CLX stays between two strikes, or write a covered call against shares you already own.
Iron Condor → Covered Call →⧉ Embed this free calculator on your site →
How we pick the best strategy
For each ticker we pull the live option chain, build every supported strategy around the at-the-money strikes, and score them on probability of profit, risk/reward and capital efficiency — favouring defined-risk structures where the maximum loss is known up front. Methodology →
Open CLX in the free calculator →
Domande frequenti
What is the best options strategy for CLX?
It depends on your outlook. Bullish traders often use a long call or bull call spread on CLX; bearish traders a long put or bear put spread; neutral traders an iron condor or covered call. Our live scan above shows the current highest-scoring defined-risk play.
Are CLX options liquid enough to trade?
The Clorox Company (CLX) is among the most actively-traded US options, which usually means tight bid/ask spreads and plenty of strikes and expirations — though you should always check the open interest and spread on the exact contract.
How much money do I need to trade CLX options?
Buying a single CLX call or put can cost as little as the premium (often one to a few hundred dollars), while income strategies like a cash-secured put need enough capital to buy 100 shares if assigned.
Is this financial advice?
No. Everything here is educational and uses delayed, third-party data. It is not a recommendation to trade CLX or any security. Do your own research.
Cosa fa The Clorox Company?
The Clorox Company (CLX) opera nel settore Household & Personal Products. La sezione "Informazioni su The Clorox Company" qui sopra offre un quadro più completo di ciò che fa l'azienda e di come genera profitti.
The Clorox Company paga dividendi?
Sì — The Clorox Company attualmente distribuisce un dividendo con un rendimento di circa 5,2%. Se detieni le azioni (ad esempio per una covered call) la data di stacco cedola (ex-dividend) può causare un'assegnazione anticipata, quindi controllala prima della data.
Quando The Clorox Company pubblica gli utili?
I prossimi utili di The Clorox Company sono attesi intorno al 3 agosto 2026. La volatilità implicita di solito sale in avvicinamento alla pubblicazione e crolla bruscamente dopo (IV crush) — un aspetto importante per qualsiasi posizione in opzioni che mantieni oltre quella data.
Tickers related to CLX
Comparing CLX with similar names can help you choose the best options strategy:
Informazioni sull’azienda
- Sede
- 1221 Broadway, Oakland, CA, 94612-1888, United States
- Settore
- Household & Personal Products
- Dipendenti
- 7600
- CEO
- Ms. Linda J. Rendle
- Telefono
- 510 271 7000
- Sito web
- www.thecloroxcompany.com
- Relazioni con gli investitori
- investors.thecloroxcompany.com
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