$Snowflake(SNOW)$ - Underlying: SNOW - View: Cautiously optimistic for a short-term bounce towards the $245 resistance level, but with weak near-term momentum (bearish MACD crossover). The goal is to capture upside with defined risk and reduced cost. - Strategy Type: Debit Spread / Directional Bullish - Option Contract Portfolio: - Buy 1 SNOW 2026-07-02 $230 Call @ $8.70 (Mid Price) - Sell 1 SNOW 2026-07-02 $245 Call @ $3.35 (Mid Price) - Max Gain & Loss: Max Gain = ($245 - $230) - Net Debit = $15 - $5.35 = $9.65 per spread. Max Loss = Net Debit = $5.35 per spread. - Initial Cost/Credit: Net Debit = $5.35.
$Unity Software Inc.(U)$ - Underlying: U - View: Cautiously Optimistic / Oversold Bounce. Expecting the stock to hold above support and potentially challenge resistance. - Strategy Type: Credit Spread / Defined Risk, Bullish - Option Contract Portfolio: - SELL 1x U 26 Jun 2026 $25.0 Put - BUY 1x U 26 Jun 2026 $23.5 Put - Max Gain & Loss: Max Gain = Net Credit Received. Max Loss = (Strike Difference - Net Credit). - Initial Cost/Credit: Net Credit of ~$0.035 per spread (Estimated from chain data: Sell $25 Put @ $0.085, Buy $23.5 Put @ $0.05).
π― $Chewy, Inc.(CHWY) Options Strategy: Bull Put Spread (Short-Term)
$Chewy, Inc.(CHWY)$ - Underlying: CHWY - View: Cautiously optimistic for a short-term oversold bounce, expecting a consolidation or modest move above the $18.0 pivot. - Strategy Type: Credit Spread / Defined Risk - Option Contract Portfolio: - Sell 1 CHWY 2026-07-02 $17.0 Put @ $0.22 (Mid) - Buy 1 CHWY 2026-07-02 $16.0 Put @ $0.05 (Mid) - Max Gain & Loss: Max Gain = $17 Credit, Max Loss = $83 - Initial Cost/Credit: Net Credit of ~$0.17 per spread.
$Procter & Gamble(PG)$ - Underlying: PG - View: Cautiously optimistic, expecting a move towards the $154.15 resistance level but not a major breakout beyond $160 in the near term. - Strategy Type: Debit Spread / Directional (Bullish) - Option Contract Portfolio: - Buy 1 PG 2026-07-17 $152.5 Call @ $1.64 (Mid-Price) - Sell 1 PG 2026-07-17 $157.5 Call @ $0.395 (Mid-Price) - Max Gain & Loss: - Max Gain: $3.055 per spread ($305.5 per contract) = (Short Strike - Long Strike - Net Debit) - Max Loss: $1.245 per spread ($124.5 per contract) = Net Debit Paid - Initial Cost/Credit: Net Debit of ~$1.245 per spread.
π― $Zoom (ZM) Options Strategy: Bull Put Spread (Credit Spread)
$Zoom(ZM)$ - Underlying: ZM - View: Cautiously optimistic, expecting consolidation with a potential bounce from oversold conditions. Aiming to capitalize on the stock holding above the immediate pivot of $84.30. - Strategy Type: Credit Spread / Defined Risk - Option Contract Portfolio: - Sell 1 ZM Put @ $85.00 strike (Exp: 2026-07-02) - Buy 1 ZM Put @ $80.00 strike (Exp: 2026-07-02) - Max Gain & Loss: Max Gain = Net Credit Received; Max Loss = (Strike Difference - Net Credit) * 100. - Initial Cost/Credit: Net Credit of ~$0.45 (Estimated from chain: Sell $85 Put @ ~$1.86, Buy $80 Put @ ~$0.44).
$Etsy(ETSY)$ - Underlying: ETSY - View: Cautiously optimistic, targeting a breakout above the 52-week high ($76.52) following a strong uptrend. - Strategy Type: Debit Spread / Directional Bullish - Option Contract Portfolio: - Buy 1 ETSY 6/26/2026 75.00 Call @ $1.445 (Mid) - Sell 1 ETSY 6/26/2026 78.00 Call @ $0.53 (Mid) - Max Gain & Loss: Max Gain: $1.585 (Credit from short leg - Debit from long leg). Max Loss: $0.915 (Net Debit). - Initial Cost/Credit: Net Debit of $0.915 per spread.
$Lululemon Athletica(LULU)$ - Underlying: LULU - View: Cautiously Bullish / Range-Bound. Expect the stock to stay above a key support level. - Strategy Type: Credit Spread / Defined Risk, Bullish - Option Contract Portfolio: - Sell 1 LULU Put @ $105 Strike (Exp: 2026-07-02) - Buy 1 LULU Put @ $100 Strike (Exp: 2026-07-02) - Max Gain & Loss: Max Gain = Net Credit Received. Max Loss = ($105 - $100) - Net Credit. - Initial Cost/Credit: Net Credit (Estimated ~$1.00 - $1.50 per spread, based on chain data).
π― $IBM Options Strategy: Short Put Spread with a Twist (Bearish Credit Spread)
$IBM(IBM)$ - Underlying: IBM - View: Cautiously Bullish (short-term oversold rebound), but expecting consolidation in the $255-$275 range with significant resistance at $287. The extremely high IV (97.61% percentile) presents a premium selling opportunity. - Strategy Type: Credit Spread / Volatility Selling - Option Contract Portfolio: - Sell 1 IBM 2026-07-02 $270.00 PUT @ $10.90 (Mid) - Buy 1 IBM 2026-07-02 $255.00 PUT @ $3.70 (Mid) - Max Gain & Loss: - Max Gain (Credit Received): $7.20 per spread ($720 per contract) - Max Loss: $7.80 per spread ($780 per contract) [($270 - $255) - $7.20] - Initial Cost/Credit: Net Credit of ~$7.20
π― $IBM Options Strategy: Short Put Spread with a Twist (Bearish Credit Spread)
$IBM(IBM)$ - Underlying: IBM - View: Cautiously Bullish (short-term oversold rebound), but expecting consolidation in the $255-$275 range with significant resistance at $287. The extremely high IV (97.61% percentile) presents a premium selling opportunity. - Strategy Type: Credit Spread / Volatility Selling - Option Contract Portfolio: - Sell 1 IBM 2026-07-02 $270.00 PUT @ $10.90 (Mid) - Buy 1 IBM 2026-07-02 $255.00 PUT @ $3.70 (Mid) - Max Gain & Loss: - Max Gain (Credit Received): $7.20 per spread ($720 per contract) - Max Loss: $7.80 per spread ($780 per contract) [($270 - $255) - $7.20] - Initial Cost/Credit: Net Credit of ~$7.20
$Procter & Gamble(PG)$ - Underlying: PG - View: Cautiously optimistic, expecting a move towards the $154.15 resistance level but not a major breakout beyond $160 in the near term. - Strategy Type: Debit Spread / Directional (Bullish) - Option Contract Portfolio: - Buy 1 PG 2026-07-17 $152.5 Call @ $1.64 (Mid-Price) - Sell 1 PG 2026-07-17 $157.5 Call @ $0.395 (Mid-Price) - Max Gain & Loss: - Max Gain: $3.055 per spread ($305.5 per contract) = (Short Strike - Long Strike - Net Debit) - Max Loss: $1.245 per spread ($124.5 per contract) = Net Debit Paid - Initial Cost/Credit: Net Debit of ~$1.245 per spread.
π― $Chewy, Inc.(CHWY) Options Strategy: Bull Put Spread (Short-Term)
$Chewy, Inc.(CHWY)$ - Underlying: CHWY - View: Cautiously optimistic for a short-term oversold bounce, expecting a consolidation or modest move above the $18.0 pivot. - Strategy Type: Credit Spread / Defined Risk - Option Contract Portfolio: - Sell 1 CHWY 2026-07-02 $17.0 Put @ $0.22 (Mid) - Buy 1 CHWY 2026-07-02 $16.0 Put @ $0.05 (Mid) - Max Gain & Loss: Max Gain = $17 Credit, Max Loss = $83 - Initial Cost/Credit: Net Credit of ~$0.17 per spread.
$Snowflake(SNOW)$ - Underlying: SNOW - View: Cautiously optimistic for a short-term bounce towards the $245 resistance level, but with weak near-term momentum (bearish MACD crossover). The goal is to capture upside with defined risk and reduced cost. - Strategy Type: Debit Spread / Directional Bullish - Option Contract Portfolio: - Buy 1 SNOW 2026-07-02 $230 Call @ $8.70 (Mid Price) - Sell 1 SNOW 2026-07-02 $245 Call @ $3.35 (Mid Price) - Max Gain & Loss: Max Gain = ($245 - $230) - Net Debit = $15 - $5.35 = $9.65 per spread. Max Loss = Net Debit = $5.35 per spread. - Initial Cost/Credit: Net Debit = $5.35.
$Unity Software Inc.(U)$ - Underlying: U - View: Cautiously Optimistic / Oversold Bounce. Expecting the stock to hold above support and potentially challenge resistance. - Strategy Type: Credit Spread / Defined Risk, Bullish - Option Contract Portfolio: - SELL 1x U 26 Jun 2026 $25.0 Put - BUY 1x U 26 Jun 2026 $23.5 Put - Max Gain & Loss: Max Gain = Net Credit Received. Max Loss = (Strike Difference - Net Credit). - Initial Cost/Credit: Net Credit of ~$0.035 per spread (Estimated from chain data: Sell $25 Put @ $0.085, Buy $23.5 Put @ $0.05).
π― $Zoom (ZM) Options Strategy: Bull Put Spread (Credit Spread)
$Zoom(ZM)$ - Underlying: ZM - View: Cautiously optimistic, expecting consolidation with a potential bounce from oversold conditions. Aiming to capitalize on the stock holding above the immediate pivot of $84.30. - Strategy Type: Credit Spread / Defined Risk - Option Contract Portfolio: - Sell 1 ZM Put @ $85.00 strike (Exp: 2026-07-02) - Buy 1 ZM Put @ $80.00 strike (Exp: 2026-07-02) - Max Gain & Loss: Max Gain = Net Credit Received; Max Loss = (Strike Difference - Net Credit) * 100. - Initial Cost/Credit: Net Credit of ~$0.45 (Estimated from chain: Sell $85 Put @ ~$1.86, Buy $80 Put @ ~$0.44).
$Lululemon Athletica(LULU)$ - Underlying: LULU - View: Cautiously Bullish / Range-Bound. Expect the stock to stay above a key support level. - Strategy Type: Credit Spread / Defined Risk, Bullish - Option Contract Portfolio: - Sell 1 LULU Put @ $105 Strike (Exp: 2026-07-02) - Buy 1 LULU Put @ $100 Strike (Exp: 2026-07-02) - Max Gain & Loss: Max Gain = Net Credit Received. Max Loss = ($105 - $100) - Net Credit. - Initial Cost/Credit: Net Credit (Estimated ~$1.00 - $1.50 per spread, based on chain data).
$Etsy(ETSY)$ - Underlying: ETSY - View: Cautiously optimistic, targeting a breakout above the 52-week high ($76.52) following a strong uptrend. - Strategy Type: Debit Spread / Directional Bullish - Option Contract Portfolio: - Buy 1 ETSY 6/26/2026 75.00 Call @ $1.445 (Mid) - Sell 1 ETSY 6/26/2026 78.00 Call @ $0.53 (Mid) - Max Gain & Loss: Max Gain: $1.585 (Credit from short leg - Debit from long leg). Max Loss: $0.915 (Net Debit). - Initial Cost/Credit: Net Debit of $0.915 per spread.