Options Research Dashboard

Algorithmic trade research — toggle between Beginner Mode (Calls & Puts only, plain-English explanations) and Advanced Mode (all strategies, full institutional-grade analytics).

Updated 2026-07-03 13:12 25 tickers scanned

🎯 Why are all picks Bull Put Spread? — Click to understand the market logic

Three conditions are simultaneously active today, and when all three align, Bull Put Spread is the only rational strategy:

①

IV Rank is elevated (67% on SPY)

When IVR > 60%, options are expensive relative to recent realised volatility. Selling premium in this environment has a statistical edge because IV tends to revert to historical mean — we collect premium now, then it decays. Buying options would be overpaying for volatility.

②

Market regime is bullish (Risk-On)

A bearish spread (bear call spread, long put) would bet against the trend. In a Risk-On regime, probability strongly favours the upside — so we sell put spreads (profit if stock stays flat or goes up), not call spreads. Fighting the trend with credit lowers POP substantially.

✓

Result: Bull Put Spread is optimal

High IV → sell premium. Bullish regime → put spread, not call spread. FOMC → collect pre-event IV, keep premium after vol crush.

The algo evaluates all strategies (Long Call, Bear Put, Iron Condor, etc.) and scores them independently. Today they all score highest as Bull Put Spread because the three conditions above create an unusually clear trade setup.

Market Environment VIX 15.9 (Calm) · SPY IVR 67% — rich premium, favour spreads/condors · Stable VIX Regime Risk-On VIX 15.9 FOMC 2026-07-29 (26d) SPY IVR 67% Rich — sell Fear/Greed 72 Greed Breadth 72% above 200d MA (est.) Vol Curve 15.9/19.0 ↘ Contango

How strategies are chosen · 7-dimension scoring explained (click)

IV Rank	Market	Strategy	Type	Risk profile
< 35%	Bullish ×2	Long Call	Debit	Max loss = premium. Unlimited upside above break-even.
< 35%	Bullish ×1	Bull Call Spread	Debit	Cheaper than long call. Max profit capped at short strike.
< 35%	Bearish	Long Put / Bear Put Spread	Debit	Profit from decline. Max loss = premium or debit paid.
35–60%	Bullish	Bull Call Spread	Debit	Defined risk, defined reward. Better R/R than long call at mid IV.
35–60%	Neutral	Iron Condor	Credit	Profit if stock stays in range. Risk on either wing.
> 60%	Bullish	Bull Put Spread	Credit	Collect premium. Keep if stock stays above short strike. ~75–85% POP.
> 60%	Bearish	Bear Call Spread	Credit	Collect premium. Keep if stock stays below short strike.
Any	FOMC ≤5d	Credit spread	Credit	Harvest inflated pre-FOMC IV; profit from vol crush after decision.

Market Regime 20ptsSPY trend, VIX level/trend, regime score alignment with strategy direction

Volatility Edge 20pts(IV − HV) / HV: how expensive are options vs recent realised movement?

Liquidity 15ptsOpen interest, daily volume, bid-ask spread — tight spreads = fair fills

Probability Edge 15ptsBlack-Scholes POP: statistical probability of keeping premium at expiration

Technical Trend 10ptsRSI, 50d/200d MA alignment, ATR vs expected move for directional confirmation

Institutional 10ptsUnusual options flow, algo composite, insider/catalyst signals

Event Risk 10ptsFOMC proximity, earnings calendar — calendar risk that can gap against positions

Confidence = epistemic certainty that the setup is what it appears to be. Capped at 88% — genuine uncertainty always exists. Higher score + aligned signals → higher confidence, but never approaches 100%. POP = Black-Scholes N(d2) at short strike — industry standard (Tastyworks, IBKR). Expected move = ATM straddle mid (call + put) = ±1σ the market prices by expiry. IVR approximated via 52-week rolling HV (free data proxy — directionally accurate). DTE target 30–45 days for efficient theta decay.

📈 CALL = bet it goes UP 📉 PUT = bet it goes DOWN ✅ Profit target: +50% 🛑 Stop loss: -30% 📅 Exit 14 days before expiry ⚖️ Always use a Limit order at the Mid price

🔎 Scanned S&P 500 + ETF scan (557 tickers · 99.4s) · Updated 2026-07-03 07:01 · Showing top 7 picks

GLD GLD

📉 PUT

🟡 Medium Risk — Standard conditions, watch the exit plan

Why the algo likes it:

Downtrend confirmed — GLD is 7.0% below 50-day average
Tight consolidation after prior decline — potential bear flag
RSI 44 — bearish momentum confirmed (good for Puts)
MACD bullish — momentum confirmed by second indicator
Options fairly priced (IV Rank 40%) — not overpaying for the bet

🔬 Deep Analysis — click to see the full breakdown

📊 Technical Analysis

Trend: GLD is 7.0% below its 50-day average and 7.7% below its 200-day average — clear downtrend on both timeframes
Chart structure: Tight consolidation after prior decline — potential bear flag
Momentum (RSI 44): In bearish momentum zone — sellers are in control. Good timing for a Put trade.
MACD: Bullish and accelerating — both momentum lines are rising and the histogram is expanding. Strong confirmation for a Call trade.
Options pricing (IV Rank 40%): Options are reasonably priced — not cheap, not expensive. Fair value for the current market environment.
Market: VIX 15.9 (very calm market) · sentiment is Greed (72) — risk appetite high · SPY is below its 50-day average (broad market in downtrend) · macro regime: Risk-On

The trade:

Buy 1 Put on GLD

⚠️ Wide spread (14%) — These options have thin liquidity. Always use a Limit order at the Mid price. If you can't get filled within a few cents of mid, skip this trade.

Current Price $378.13

Strike Price $335.0

Expiry 2026-08-07 (35d)

Cost / Contract $121

Max Loss $121

Your exit plan:

✅ Sell when value reaches $182 — that's your +50% profit target
🛑 Sell if value drops to $85 — that's your -30% stop loss
📅 Close the trade at least 14 days before 2026-08-07 — options lose value fast near expiry

What this means: You are betting GLD will move lower. The most you can lose is the premium you paid.

📋 How to place this trade on your broker

Bid $1.12 Use Mid $1.21 ✓ Ask $1.29

📊 Track This Trade

RF RF

📈 CALL

🔴 High Risk — Short timeline or volatile pricing. Stick to the plan

Why the algo likes it:

Uptrend confirmed — RF is 7.5% above 50-day average and above 200-day average too
Higher highs + higher lows — textbook uptrend structure in place
RSI 65 — strong momentum, not yet overbought (sweet spot for Calls)
MACD bullish — momentum confirmed by second indicator
Options elevated (IV Rank 79%) — need a strong move
Market backdrop supportive — calm VIX, SPY in uptrend

🔬 Deep Analysis — click to see the full breakdown

🎯 Analyst Consensus Hold

$30.95 price target +2.2% upside 20 analysts

Buy 8 Hold 11 Sell 3

📰 Recent News

📰 🔥 What to Expect From Regions Financial's Next Quarterly Earnings Report Barchart · 1w ago
📰 🔥 Are You Looking for a High-Growth Dividend Stock? Zacks · 2w ago
📰 🔥 Regions Financial (RF) Stock Valuation After Q1 Earnings Beat Expectations On Resilience Despite Revenue Miss Simply Wall St. · 2w ago
📰 Catalyst Climbs 33% in a Year: Should You Buy the Stock? Zacks · 20h ago
📰 Is Regions Financial Poised to Maintain Capital Return Strategy? Zacks · 1w ago

🏦 Smart Money Signals

Short Interest

8.4%

of float shorted — low

🏭 Sector Performance — XLF

+4.1% this week +9.7% this month +10.7% vs SPY

📊 Technical Analysis

Trend: RF is 7.5% above its 50-day average and 13.3% above its 200-day average — strong uptrend on both timeframes
Chart structure: Higher highs + higher lows — textbook uptrend structure in place
Momentum (RSI 65): In the ideal bullish zone — strong without being overbought. This is the sweet spot for buying calls.
MACD: Bullish — the fast line is above the slow line. Upward momentum is confirmed by this second indicator.
Options pricing (IV Rank 79%): Options are expensive — in the top 40% of their annual range. You need a large, fast move to profit. Higher risk for option buyers.
Market: VIX 15.9 (very calm market) · sentiment is Greed (72) — risk appetite high · SPY is above its 50-day average (broad market uptrend) · macro regime: Risk-On

The trade:

Buy 1 Call on RF

⚠️ Wide spread (27%) — These options have thin liquidity. Always use a Limit order at the Mid price. If you can't get filled within a few cents of mid, skip this trade.

Current Price $30.28

Strike Price $31.0 OTM

Expiry 2026-08-21 (49d)

Cost / Contract $93

Max Loss $93

Your exit plan:

✅ Sell when value reaches $140 — that's your +50% profit target
🛑 Sell if value drops to $65 — that's your -30% stop loss
📅 Close the trade at least 14 days before 2026-08-21 — options lose value fast near expiry

What this means: You are betting RF will move higher. The most you can lose is the premium you paid.

📋 How to place this trade on your broker

Bid $0.80 Use Mid $0.93 ✓ Ask $1.05

📊 Track This Trade

CMG CMG

📈 CALL

🔴 High Risk — Short timeline or volatile pricing. Stick to the plan

Why the algo likes it:

Uptrend confirmed — CMG is 9.7% above 50-day average
Three consecutive bullish candles — sustained buying pressure
RSI 70 — strong momentum, not yet overbought (sweet spot for Calls)
MACD bullish — momentum confirmed by second indicator
Options elevated (IV Rank 48%) — need a strong move
Market backdrop supportive — calm VIX, SPY in uptrend

🔬 Deep Analysis — click to see the full breakdown

🎯 Analyst Consensus Buy

$42.88 price target +21.2% upside 33 analysts

Buy 25 Hold 11 Sell 0

📰 Recent News

📰 🔥 Chipotle (CMG) Stock May Be Fully Priced With Fair Earnings Simply Wall St. · 13h ago
📰 🔥 Better Buy in July: 1 Share of Starbucks or 1 Dutch Bros Share Plus 1 Chipotle Share? Motley Fool · 15h ago
📰 🔥 Chipotle (CMG) Leaves Russell Top 200 And Joins Midcap Growth Indices Simply Wall St. · 22h ago
📰 🔥 Is DRI Stock a Buy Now After Earnings Growth and Valuation Reset Zacks · 23h ago
📰 🔥 Darden Stock Outlook Centers on Growth Brands and Cost Risks Zacks · 23h ago

🏦 Smart Money Signals

Short Interest

4.4%

of float shorted — low

🏭 Sector Performance — XLY

+3.3% this week +0.5% this month +1.5% vs SPY

📊 Technical Analysis

Trend: CMG is above its 50-day average (+9.7%) but still below its 200-day average — short-term recovery in a longer downtrend
Chart structure: Higher highs + higher lows — textbook uptrend structure in place
Recent candle: Three consecutive bullish candles — sustained buying pressure
Momentum (RSI 70): In the ideal bullish zone — strong without being overbought. This is the sweet spot for buying calls.
MACD: Bullish and accelerating — both momentum lines are rising and the histogram is expanding. Strong confirmation for a Call trade.
Options pricing (IV Rank 48%): Options are somewhat elevated — you're paying above average for this option. The stock needs to make a meaningful move to overcome the higher cost.
Market: VIX 15.9 (very calm market) · sentiment is Greed (72) — risk appetite high · SPY is above its 50-day average (broad market uptrend) · macro regime: Risk-On

The trade:

Buy 1 Call on CMG

⚠️ Wide spread (21%) — These options have thin liquidity. Always use a Limit order at the Mid price. If you can't get filled within a few cents of mid, skip this trade.

ℹ️ Out-of-the-Money Call — The strike ($38.0) is 7% above the current price. The stock needs to rise above the strike before expiry to have any intrinsic value. Higher leverage, lower win rate.

Current Price $35.39

Strike Price $38.0 OTM

Expiry 2026-08-07 (35d)

Cost / Contract $108

Max Loss $108

Your exit plan:

✅ Sell when value reaches $162 — that's your +50% profit target
🛑 Sell if value drops to $76 — that's your -30% stop loss
📅 Close the trade at least 14 days before 2026-08-07 — options lose value fast near expiry

What this means: You are betting CMG will move higher. The most you can lose is the premium you paid.

📋 How to place this trade on your broker

Bid $0.97 Use Mid $1.08 ✓ Ask $1.20

📊 Track This Trade

CCI CCI

📉 PUT

🔴 High Risk — Short timeline or volatile pricing. Stick to the plan

Why the algo likes it:

Downtrend confirmed — CCI is 12.1% below 50-day average
Lower highs + lower lows — downtrend structure in place
RSI 24 — bearish momentum confirmed (good for Puts)
MACD bearish — momentum confirmed by second indicator
Options elevated (IV Rank 62%) — need a strong move

🔬 Deep Analysis — click to see the full breakdown

🎯 Analyst Consensus Hold

$99.07 price target +29.3% upside 19 analysts

Buy 10 Hold 11 Sell 0

📰 Recent News

📰 🔥 Crown Castle's Quarterly Earnings Preview: What You Need to Know Barchart · 3d ago
📰 🔥 Why Is Innovative Industrial Properties (IIPR) Down 3.9% Since Last Earnings Report? Zacks · 4w ago
📰 🔥 Welltower (WELL) Up 1% Since Last Earnings Report: Can It Continue? Zacks · 5w ago
📰 Crown Castle (CCI) Stock After Fiber Exit And Buyback Reset How Fair Is The New Tower Valuation Simply Wall St. · 2w ago
📰 Is Crown Castle Inc. (CCI) A Good Stock To Buy Now? Insider Monkey · 2w ago

🏦 Smart Money Signals

Short Interest

3.4%

of float shorted — low

🏭 Sector Performance — XLRE

+0.2% this week +3.6% this month +4.6% vs SPY

📊 Technical Analysis

Trend: CCI is 12.1% below its 50-day average and 11.9% below its 200-day average — clear downtrend on both timeframes
Chart structure: Lower highs + lower lows — downtrend structure in place
Momentum (RSI 24): Oversold territory — heavy selling pressure visible. Strong signal for Puts, though short-term bounces are possible.
MACD: Bearish — the fast line is below the slow line. Downward momentum confirmed.
Options pricing (IV Rank 62%): Options are expensive — in the top 40% of their annual range. You need a large, fast move to profit. Higher risk for option buyers.
Market: VIX 15.9 (very calm market) · sentiment is Greed (72) — risk appetite high · SPY is below its 50-day average (broad market in downtrend) · macro regime: Risk-On

The trade:

Buy 1 Put on CCI

⚠️ Wide spread (32%) — These options have thin liquidity. Always use a Limit order at the Mid price. If you can't get filled within a few cents of mid, skip this trade.

Current Price $76.60

Strike Price $70.0

Expiry 2026-08-21 (49d)

Cost / Contract $125

Max Loss $125

Your exit plan:

✅ Sell when value reaches $188 — that's your +50% profit target
🛑 Sell if value drops to $88 — that's your -30% stop loss
📅 Close the trade at least 14 days before 2026-08-21 — options lose value fast near expiry

What this means: You are betting CCI will move lower. The most you can lose is the premium you paid.

📋 How to place this trade on your broker

Bid $1.05 Use Mid $1.25 ✓ Ask $1.45

📊 Track This Trade

HBAN HBAN

📈 CALL

🔴 High Risk — Short timeline or volatile pricing. Stick to the plan

Why the algo likes it:

Uptrend confirmed — HBAN is 8.5% above 50-day average and above 200-day average too
Higher highs + higher lows — textbook uptrend structure in place
RSI 64 — strong momentum, not yet overbought (sweet spot for Calls)
MACD bullish — momentum confirmed by second indicator
Options elevated (IV Rank 61%) — need a strong move
Market backdrop supportive — calm VIX, SPY in uptrend

🔬 Deep Analysis — click to see the full breakdown

🎯 Analyst Consensus Strong Buy

$20.12 price target +12.6% upside 18 analysts

Buy 15 Hold 4 Sell 0

📰 Recent News

📰 🔥 Bank Mergers Just Hit a 7-Year High. Here Are the Regional Banks Most Likely to Make a Deal. Motley Fool · 1d ago
📰 🔥 What to Expect From Huntington Bancshares' Q2 2026 Earnings Report Barchart · 2d ago
📰 🔥 Major Banks Poised for Strong Quarterly Results, Outlook, Deutsche Bank Says MT Newswires · 3d ago
📰 🔥 Huntington Bancshares (HBAN) – Among the 13 Best Dividend Stocks to Buy Under $25 Insider Monkey · 1w ago
📰 🔥 How new payments tech is fueling Huntington's merger conversions American Banker · 2w ago

🏦 Smart Money Signals

Short Interest

3.9%

of float shorted — low

🏭 Sector Performance — XLF

+4.1% this week +9.7% this month +10.7% vs SPY

📊 Technical Analysis

Trend: HBAN is 8.5% above its 50-day average and 8.8% above its 200-day average — strong uptrend on both timeframes
Chart structure: Higher highs + higher lows — textbook uptrend structure in place
Chart structure: Tight consolidation after prior upswing — potential bull flag (coiled spring)
Momentum (RSI 64): In the ideal bullish zone — strong without being overbought. This is the sweet spot for buying calls.
MACD: Bullish — the fast line is above the slow line. Upward momentum is confirmed by this second indicator.
Options pricing (IV Rank 61%): Options are expensive — in the top 40% of their annual range. You need a large, fast move to profit. Higher risk for option buyers.
Market: VIX 15.9 (very calm market) · sentiment is Greed (72) — risk appetite high · SPY is above its 50-day average (broad market uptrend) · macro regime: Risk-On

The trade:

Buy 1 Call on HBAN

⚠️ Wide spread (31%) — These options have thin liquidity. Always use a Limit order at the Mid price. If you can't get filled within a few cents of mid, skip this trade.

Current Price $17.86

Strike Price $18.0 OTM

Expiry 2026-08-21 (49d)

Cost / Contract $65

Max Loss $65

Your exit plan:

✅ Sell when value reaches $98 — that's your +50% profit target
🛑 Sell if value drops to $46 — that's your -30% stop loss
📅 Close the trade at least 14 days before 2026-08-21 — options lose value fast near expiry

What this means: You are betting HBAN will move higher. The most you can lose is the premium you paid.

📋 How to place this trade on your broker

Bid $0.55 Use Mid $0.65 ✓ Ask $0.75

📊 Track This Trade

SPG SPG

📈 CALL

🔴 High Risk — Short timeline or volatile pricing. Stick to the plan

Why the algo likes it:

Uptrend confirmed — SPG is 9.1% above 50-day average and above 200-day average too
Higher highs + higher lows — textbook uptrend structure in place
RSI 64 — strong momentum, not yet overbought (sweet spot for Calls)
Volume: sellers outpacing buyers — distribution pattern
MACD bullish — momentum confirmed by second indicator
Options elevated (IV Rank 94%) — need a strong move

🔬 Deep Analysis — click to see the full breakdown

🎯 Analyst Consensus Hold

$219.26 price target -3.0% downside 19 analysts

Buy 8 Hold 12 Sell 1

📰 Recent News

📰 🔥 Barclays Raises Simon Property Group (SPG) Price Target as Part of Q2 Earnings Preview Insider Monkey · 2d ago
📰 Simon Property Group (SPG) Leaves Russell Value Indexes For Defensive Benchmarks Simply Wall St. · 4h ago
📰 Simon Property Group (SPG) Stock Still Looks Undervalued Despite a 136% Run Simply Wall St. · 15h ago
📰 Is Holding Simon Property Stock Still Smart Move for Your Portfolio? Zacks · 22h ago
📰 Simon Property Group (SPG) Stock Sees Modest Fair Value Lift After Analyst Target Increases Simply Wall St. · 23h ago

🏦 Smart Money Signals

Short Interest

0.0%

of float shorted — low

🏭 Sector Performance — XLRE

+0.2% this week +3.6% this month +4.6% vs SPY

📊 Technical Analysis

Trend: SPG is 9.1% above its 50-day average and 19.9% above its 200-day average — strong uptrend on both timeframes
Chart structure: Higher highs + higher lows — textbook uptrend structure in place
Chart structure: Tight consolidation after prior upswing — potential bull flag (coiled spring)
Momentum (RSI 64): In the ideal bullish zone — strong without being overbought. This is the sweet spot for buying calls.
MACD: Bullish — the fast line is above the slow line. Upward momentum is confirmed by this second indicator.
Volume: Down-days average 1.6x more volume than up-days — distribution pattern. Sellers are more active than buyers.
Options pricing (IV Rank 94%): Options are expensive — in the top 40% of their annual range. You need a large, fast move to profit. Higher risk for option buyers.
Market: VIX 15.9 (very calm market) · sentiment is Greed (72) — risk appetite high · SPY is above its 50-day average (broad market uptrend) · macro regime: Risk-On

The trade:

Buy 1 Call on SPG

⚠️ Wide spread (36%) — These options have thin liquidity. Always use a Limit order at the Mid price. If you can't get filled within a few cents of mid, skip this trade.

ℹ️ Out-of-the-Money Call — The strike ($250.0) is 11% above the current price. The stock needs to rise above the strike before expiry to have any intrinsic value. Higher leverage, lower win rate.

Current Price $226.06

Strike Price $250.0 OTM

Expiry 2026-08-21 (49d)

Cost / Contract $110

Max Loss $110

Your exit plan:

✅ Sell when value reaches $165 — that's your +50% profit target
🛑 Sell if value drops to $77 — that's your -30% stop loss
📅 Close the trade at least 14 days before 2026-08-21 — options lose value fast near expiry

What this means: You are betting SPG will move higher. The most you can lose is the premium you paid.

📋 How to place this trade on your broker

Bid $0.90 Use Mid $1.10 ✓ Ask $1.30

📊 Track This Trade

CPRT CPRT

📉 PUT

🔴 High Risk — Short timeline or volatile pricing. Stick to the plan

Why the algo likes it:

Downtrend confirmed — CPRT is 6.0% below 50-day average
Lower highs + lower lows — downtrend structure in place
RSI 45 — bearish momentum confirmed (good for Puts)
MACD bearish — momentum confirmed by second indicator
Options elevated (IV Rank 75%) — need a strong move

🔬 Deep Analysis — click to see the full breakdown

🎯 Analyst Consensus Buy

$41.20 price target +37.3% upside 10 analysts

Buy 7 Hold 5 Sell 1

📰 Recent News

📰 Why Copart Stock Stumbled Today Motley Fool · 3d ago
📈 Stock Market Today, June 29: Nasdaq Composite Outperforms as Tech Stocks Gain on Easing Geopolitical Tensions Motley Fool · 3d ago
📰 US Equity Markets End Higher Amid Pause in US-Iran Hostilities MT Newswires · 3d ago
📰 Here’s Why Renaissance Investment Management Sold Copart (CPRT) Insider Monkey · 2w ago
📈 1 Profitable Stock on Our Buy List and 2 We Ignore StockStory · 2w ago

🏦 Smart Money Signals

Short Interest

5.3%

of float shorted — low

🏭 Sector Performance — XLI

-0.1% this week +5.9% this month +6.9% vs SPY

📊 Technical Analysis

Trend: CPRT is 6.0% below its 50-day average and 20.0% below its 200-day average — clear downtrend on both timeframes
Chart structure: Lower highs + lower lows — downtrend structure in place
Momentum (RSI 45): In bearish momentum zone — sellers are in control. Good timing for a Put trade.
MACD: Bearish — the fast line is below the slow line. Downward momentum confirmed.
Options pricing (IV Rank 75%): Options are expensive — in the top 40% of their annual range. You need a large, fast move to profit. Higher risk for option buyers.
Market: VIX 15.9 (very calm market) · sentiment is Greed (72) — risk appetite high · SPY is below its 50-day average (broad market in downtrend) · macro regime: Risk-On

The trade:

Buy 1 Put on CPRT

⚠️ Wide spread (32%) — These options have thin liquidity. Always use a Limit order at the Mid price. If you can't get filled within a few cents of mid, skip this trade.

Current Price $30.01

Strike Price $27.5

Expiry 2026-08-21 (49d)

Cost / Contract $48

Max Loss $48

Your exit plan:

✅ Sell when value reaches $72 — that's your +50% profit target
🛑 Sell if value drops to $34 — that's your -30% stop loss
📅 Close the trade at least 14 days before 2026-08-21 — options lose value fast near expiry

What this means: You are betting CPRT will move lower. The most you can lose is the premium you paid.

📋 How to place this trade on your broker

Bid $0.40 Use Mid $0.48 ✓ Ask $0.55

📊 Track This Trade

Top 6 Picks Ranked by composite 7-dimension score

Portfolio Greeks — all 6 picks, 1 contract each

Net Δ Delta +1.05 Bullish bias

Net Θ Theta/day +26.89 Daily income

Net V Vega/1%IV -77.81 Short vol — rising VIX hurts

Θ/V Portfolio 0.35× Vega risk dominates

Sector Exposure — concentration risk across top picks

Financial Services

SOFI

Communication Services

GOOGL · NFLX

Consumer Cyclical

AMZN

🎯 Highest Confidence

SOFI Stock SoFi Technologies, Inc…

💰 Credit · Bull Put Spread ▲ Bullish

61/100

📉 Bull Put Spread — theta-positive alternative Needs Level 3

Sell 17.5 put @ $1.05 | Buy 17.0 put @ $0.93 | Net credit: $12/contract | Max loss: $38.0

What this trade means: You sell a put at $17 (collecting $55 per contract) and buy a put at $15 (paying $55). You keep the full credit if SOFI stays above $17 by 2026-08-07. Your only risk: if SOFI falls below $15, you lose $145/contract (max).

Underlying $18.24

Short Strike $17

Credit / Spread $55

Expiry 2026-08-07 (35d)

R/R Ratio 0.38×

📊 Probability of Profit Analysis via Black-Scholes N(d2)

60.1%

POP at Expiry Fair

Probability stock stays above $17 at 2026-08-07. You keep full credit if this happens.

63.0%

P(50% Profit Early)

Chance of reaching 50% profit before expiry and closing early. Tastyworks recommends closing at 50% max profit.

19.7%

P(Max Loss)

Probability of hitting maximum loss (stock below long strike at expiry). This is the scenario to size against.

POP uses risk-neutral probabilities — not historical win rates. Even an 80% POP trade loses 20% of the time. Size conservatively so any single loss is manageable.

📐 Expected Move Analysis ATM straddle

$15.20 ← $18.24 → $21.28

Expected move by 2026-08-07: ±16.7% (±$3.04)

LP$15 ← SP$17 ← EM↓$15 ← $18

⚠ Inside expected move — elevated assignment risk Short strike 6.8% OTM vs EM boundary 16.7%

0%IV Rank100%

IVR 61% Rich — sell premium ATM IV 67.6% vs HV30 52.9%

Vol Edge = (67.6% − 52.9%) / 52.9% = +27.9% Excellent Excellent — options very expensive vs recent movement

> 15%: Excellent 5–15%: Good 0–5%: Neutral <0%: Avoid selling

Skew -1.6pp ↑ calls bid P/C OI 0.38 Flow ↑ Bullish ⚡ Unusual Activity RSI 66 ▲ 50d MA (+8.1%) Max Pain $18 MACD ↑ Bullish Vol → 1.0×

⚡ Gamma & Dealer Positioning Negative Gamma $-0.1M

Dealers net short gamma → moves can extend. Adds risk to short premium.

Gamma Support $15

Gamma Resistance $18 $19

Greeks (per contract, 1 spread)

Δ Delta +0.177

Θ Theta/day +0.66

V Vega/1%IV -0.74

Θ/V Ratio 0.89× Fair

OI 312 Vol 153 Spread 9.0% Mid $0.55

Break-even $16.45 (-9.8% from current)

Max Profit $55

Max Loss $145

Trade Management 50% / 2× Credit

▲ Profit target $28/contract (50% of max profit)

▼ Stop loss $109/contract loss (~2× credit received)

◷ Time stop Close at or before 21 DTE — gamma accelerates

Take profit at 50% of max — statistically optimal for credit spreads. Cut losses if spread value exceeds 2× credit received. Never hold short premium through FOMC or earnings.

📋 How to place this trade on your broker click to expand step-by-step instructions

Bid $0.85 → Use Mid $0.55 ✓ → Ask $0.93 Always place a Limit order at the mid. Never use Market.

💼 Position Sizing Engine Max loss/contract: $145 — click to see all account sizes

Professional rule: risk 1-3% of account per trade. Contracts = floor(Account × Risk% / Max Loss per spread). Always use the Conservative tier until you have 50+ trades of experience.

Account	Conservative (1%)	Moderate (2%)	Aggressive (3%)
$5,000	1 contract $145 risk (2.9%)	1 contract $145 risk (2.9%)	1 contract $145 risk (2.9%)
$10,000	1 contract $145 risk (1.5%)	1 contract $145 risk (1.5%)	2 contracts $290 risk (2.9%)
$25,000	1 contract $145 risk (0.6%)	3 contracts $435 risk (1.7%)	5 contracts $725 risk (2.9%)
$100,000	6 contracts $870 risk (0.9%)	13 contracts $1,885 risk (1.9%)	15 contracts $2,175 risk (2.2%)

Highlighted row = $25k account (scanner default). Edit ACCOUNT_SIZE in options_scanner.py to match your account.

IVR 61% on SOFI — premium is elevated, making credit strategies attractive vs buying options outright. Short put ~7% OTM provides a meaningful cushion; defined max loss means no margin call risk. Technically: SOFI is above 50d MA — near-term recovery underway, RSI 66. 25-delta skew is call-heavy (unusual upside demand) (-1.6pp). Unusual options activity detected (vol/OI ratio elevated) — large positioning may signal informed expectations. Max pain sits at $18 (-1.3% from current) — market maker incentive to pin near this level by expiry. Options market is pricing ±16.7% by 2026-08-07 (±$3.04 ATM straddle).

Direction signals (7)

Market regime strongly bullish (score +2)
Above 50d MA, below 200d MA — short-term recovery
RSI 66 — bullish momentum zone
MACD histogram positive — bullish momentum cross
Call skew elevated — unusual upside demand (potential squeeze)
Call volume dominant today — bullish order flow
Put/call OI ratio 0.38 — minimal hedging (market complacent)

Regime

15/20

Vol Edge

20/20

Liquidity

4/15

POP Edge

3/15 (60.1% POP)

Technicals

4/10

Institutional

6/10

Event Risk

9/10

Total 61/100 57% confidence

🏛️ Business Quality: 73.0/100 — Good (6 pillars scored — click to expand)

Strong underlying businesses make for more reliable options positions. High ROIC, growing cash flows, and low debt reduce blow-up risk. Source: Yahoo Finance quarterly financials.

ROIC proxy

6.5%

6 pts

Revenue growth YoY

+42.5%

20 pts

Earnings growth YoY

+101.2%

15 pts

Debt/Equity

18%

15 pts

Operating margin

18.3%

7 pts

Gross margin (moat)

83.5%

10 pts

🏦

55/100 Moderate institutional interest Unusual options flow detected

📈 P&L at Expiry — click to show payoff diagram

■ Profit zone ■ Loss zone ── P&L at expiry │ Current price

GOOGL Stock GOOGL

💰 Credit · Bull Put Spread ▲ Bullish

60/100

📉 Bull Put Spread — theta-positive alternative Needs Level 3

Sell 340.0 put @ $7.75 | Buy 325.0 put @ $5.1 | Net credit: $265/contract | Max loss: $1235.0

What this trade means: You sell a put at $340 (collecting $629 per contract) and buy a put at $305 (paying $629). You keep the full credit if GOOGL stays above $340 by 2026-08-07. Your only risk: if GOOGL falls below $305, you lose $2871/contract (max).

Underlying $359.91

Short Strike $340

Credit / Spread $629

Expiry 2026-08-07 (35d)

R/R Ratio 0.22×

📊 Probability of Profit Analysis via Black-Scholes N(d2)

65.8%

POP at Expiry Fair

Probability stock stays above $340 at 2026-08-07. You keep full credit if this happens.

68.4%

P(50% Profit Early)

Chance of reaching 50% profit before expiry and closing early. Tastyworks recommends closing at 50% max profit.

10.8%

P(Max Loss)

Probability of hitting maximum loss (stock below long strike at expiry). This is the scenario to size against.

POP uses risk-neutral probabilities — not historical win rates. Even an 80% POP trade loses 20% of the time. Size conservatively so any single loss is manageable.

📐 Expected Move Analysis ATM straddle

$324.93 ← $359.91 → $394.89

Expected move by 2026-08-07: ±9.7% (±$34.98)

LP$305 ← SP$340 ← EM↓$325 ← $360

⚠ Inside expected move — elevated assignment risk Short strike 5.5% OTM vs EM boundary 9.7%

0%IV Rank100%

IVR 100% Rich — sell premium ATM IV 42.1% vs HV30 32.1%

Vol Edge = (42.1% − 32.1%) / 32.1% = +31.2% Excellent Excellent — options very expensive vs recent movement

> 15%: Excellent 5–15%: Good 0–5%: Neutral <0%: Avoid selling

Skew +0.0pp balanced P/C OI 0.63 Flow ↑ Bullish RSI 51 ▼ 50d MA (-2.9%) Max Pain $345 MACD ↑ Bullish Accelerating Vol → 0.8×

⚡ Gamma & Dealer Positioning Negative Gamma $-1.4M

Dealers net short gamma → moves can extend. Adds risk to short premium.

Gamma Support $305

Gamma Resistance $370 $380

Greeks (per contract, 1 spread)

Δ Delta +0.210

Θ Theta/day +11.56

V Vega/1%IV -21.09

Θ/V Ratio 0.55× Fair

OI 106 Vol 21 Spread 15.5% Mid $6.29

Break-even $333.71 (-7.3% from current)

Max Profit $629

Max Loss $2,871

Trade Management 50% / 2× Credit

▲ Profit target $314/contract (50% of max profit)

▼ Stop loss $2,153/contract loss (~2× credit received)

◷ Time stop Close at or before 21 DTE — gamma accelerates

Take profit at 50% of max — statistically optimal for credit spreads. Cut losses if spread value exceeds 2× credit received. Never hold short premium through FOMC or earnings.

📋 How to place this trade on your broker click to expand step-by-step instructions

Bid $7.75 → Use Mid $6.29 ✓ → Ask $9.05 Always place a Limit order at the mid. Never use Market.

💼 Position Sizing Engine Max loss/contract: $2871 — click to see all account sizes

Professional rule: risk 1-3% of account per trade. Contracts = floor(Account × Risk% / Max Loss per spread). Always use the Conservative tier until you have 50+ trades of experience.

Account	Conservative (1%)	Moderate (2%)	Aggressive (3%)
$5,000	1 contract $2,871 risk (57.4%)	1 contract $2,871 risk (57.4%)	1 contract $2,871 risk (57.4%)
$10,000	1 contract $2,871 risk (28.7%)	1 contract $2,871 risk (28.7%)	1 contract $2,871 risk (28.7%)
$25,000	1 contract $2,871 risk (11.5%)	1 contract $2,871 risk (11.5%)	1 contract $2,871 risk (11.5%)
$100,000	1 contract $2,871 risk (2.9%)	1 contract $2,871 risk (2.9%)	1 contract $2,871 risk (2.9%)

Highlighted row = $25k account (scanner default). Edit ACCOUNT_SIZE in options_scanner.py to match your account.

IVR 100% on GOOGL — premium is elevated, making credit strategies attractive vs buying options outright. Short put ~7% OTM provides a meaningful cushion; defined max loss means no margin call risk. Technically: GOOGL is below 50d but above 200d MA — pullback within long-term uptrend, RSI 51. 25-delta skew is balanced (+0.0pp). Max pain sits at $345 (-4.1% from current) — market maker incentive to pin near this level by expiry. Options market is pricing ±9.7% by 2026-08-07 (±$34.98 ATM straddle).

Direction signals (4)

Market regime strongly bullish (score +2)
Below 50d MA but above 200d MA — pullback in uptrend
Call volume dominant today — bullish order flow
Put/call OI ratio 0.63 — minimal hedging (market complacent)

Regime

15/20

Vol Edge

20/20

Liquidity

2/15

POP Edge

5/15 (65.8% POP)

Technicals

5/10

Institutional

4/10

Event Risk

9/10

Total 60/100 47% confidence

🏛️ Business Quality: 94.0/100 — Excellent (7 pillars scored — click to expand)

Strong underlying businesses make for more reliable options positions. High ROIC, growing cash flows, and low debt reduce blow-up risk. Source: Yahoo Finance quarterly financials.

ROIC proxy

38.1%

20 pts

Revenue growth YoY

+21.8%

20 pts

Earnings growth YoY

+82.0%

15 pts

FCF yield

0.6%

4 pts

Debt/Equity

20%

15 pts

Operating margin

36.1%

10 pts

Gross margin (moat)

60.4%

10 pts

🏦

40/100 Limited institutional signals Moderate algo composite

📈 P&L at Expiry — click to show payoff diagram

■ Profit zone ■ Loss zone ── P&L at expiry │ Current price

AMZN Stock AMZN

💰 Credit · Bull Put Spread ▲ Bullish

59/100

📉 Bull Put Spread — theta-positive alternative Needs Level 3

Sell 230.0 put @ $6.1 | Buy 220.0 put @ $4.25 | Net credit: $185/contract | Max loss: $815.0

What this trade means: You sell a put at $230 (collecting $366 per contract) and buy a put at $215 (paying $366). You keep the full credit if AMZN stays above $230 by 2026-08-07. Your only risk: if AMZN falls below $215, you lose $1134/contract (max).

Underlying $242.67

Short Strike $230

Credit / Spread $366

Expiry 2026-08-07 (35d)

R/R Ratio 0.32×

📊 Probability of Profit Analysis via Black-Scholes N(d2)

63.5%

POP at Expiry Fair

Probability stock stays above $230 at 2026-08-07. You keep full credit if this happens.

65.6%

P(50% Profit Early)

Chance of reaching 50% profit before expiry and closing early. Tastyworks recommends closing at 50% max profit.

20.5%

P(Max Loss)

Probability of hitting maximum loss (stock below long strike at expiry). This is the scenario to size against.

POP uses risk-neutral probabilities — not historical win rates. Even an 80% POP trade loses 20% of the time. Size conservatively so any single loss is manageable.

📐 Expected Move Analysis ATM straddle

$217.47 ← $242.67 → $267.87

Expected move by 2026-08-07: ±10.4% (±$25.20)

LP$215 ← SP$230 ← EM↓$217 ← $243

⚠ Inside expected move — elevated assignment risk Short strike 5.2% OTM vs EM boundary 10.4%

0%IV Rank100%

IVR 93% Rich — sell premium ATM IV 45.5% vs HV30 35.0%

Vol Edge = (45.5% − 35.0%) / 35.0% = +29.8% Excellent Excellent — options very expensive vs recent movement

> 15%: Excellent 5–15%: Good 0–5%: Neutral <0%: Avoid selling

Skew -1.8pp ↑ calls bid P/C OI 0.33 Flow ↑ Bullish RSI 51 ▼ 50d MA (-5.0%) Max Pain $235 MACD ↑ Bullish Accelerating Vol → 1.5×

⚡ Gamma & Dealer Positioning Negative Gamma $-4.4M

Dealers net short gamma → moves can extend. Adds risk to short premium.

Gamma Support $235

Gamma Resistance $250 $255

Greeks (per contract, 1 spread)

Δ Delta +0.146

Θ Theta/day +4.53

V Vega/1%IV -7.81

Θ/V Ratio 0.58× Fair

OI 123 Vol 122 Spread 14.4% Mid $3.66

Break-even $226.34 (-6.7% from current)

Max Profit $366

Max Loss $1,134

Trade Management 50% / 2× Credit

▲ Profit target $183/contract (50% of max profit)

▼ Stop loss $850/contract loss (~2× credit received)

◷ Time stop Close at or before 21 DTE — gamma accelerates

Take profit at 50% of max — statistically optimal for credit spreads. Cut losses if spread value exceeds 2× credit received. Never hold short premium through FOMC or earnings.

📋 How to place this trade on your broker click to expand step-by-step instructions

Bid $6.10 → Use Mid $3.66 ✓ → Ask $7.05 Always place a Limit order at the mid. Never use Market.

💼 Position Sizing Engine Max loss/contract: $1134 — click to see all account sizes

Professional rule: risk 1-3% of account per trade. Contracts = floor(Account × Risk% / Max Loss per spread). Always use the Conservative tier until you have 50+ trades of experience.

Account	Conservative (1%)	Moderate (2%)	Aggressive (3%)
$5,000	1 contract $1,134 risk (22.7%)	1 contract $1,134 risk (22.7%)	1 contract $1,134 risk (22.7%)
$10,000	1 contract $1,134 risk (11.3%)	1 contract $1,134 risk (11.3%)	1 contract $1,134 risk (11.3%)
$25,000	1 contract $1,134 risk (4.5%)	1 contract $1,134 risk (4.5%)	1 contract $1,134 risk (4.5%)
$100,000	1 contract $1,134 risk (1.1%)	1 contract $1,134 risk (1.1%)	2 contracts $2,268 risk (2.3%)

Highlighted row = $25k account (scanner default). Edit ACCOUNT_SIZE in options_scanner.py to match your account.

IVR 93% on AMZN — premium is elevated, making credit strategies attractive vs buying options outright. Short put ~7% OTM provides a meaningful cushion; defined max loss means no margin call risk. Technically: AMZN is below 50d but above 200d MA — pullback within long-term uptrend, RSI 51. 25-delta skew is call-heavy (unusual upside demand) (-1.8pp). Max pain sits at $235 (-3.2% from current) — market maker incentive to pin near this level by expiry. Options market is pricing ±10.4% by 2026-08-07 (±$25.20 ATM straddle).

Direction signals (5)

Market regime strongly bullish (score +2)
Below 50d MA but above 200d MA — pullback in uptrend
Call skew elevated — unusual upside demand (potential squeeze)
Call volume dominant today — bullish order flow
Put/call OI ratio 0.33 — minimal hedging (market complacent)

Regime

15/20

Vol Edge

20/20

Liquidity

3/15

POP Edge

3/15 (63.5% POP)

Technicals

5/10

Institutional

4/10

Event Risk

9/10

Total 59/100 51% confidence

🏛️ Business Quality: 76.0/100 — Excellent (7 pillars scored — click to expand)

Strong underlying businesses make for more reliable options positions. High ROIC, growing cash flows, and low debt reduce blow-up risk. Source: Yahoo Finance quarterly financials.

ROIC proxy

23.1%

16 pts

Revenue growth YoY

+16.6%

15 pts

Earnings growth YoY

+74.8%

15 pts

FCF yield

0.4%

4 pts

Debt/Equity

53%

12 pts

Operating margin

13.1%

4 pts

Gross margin (moat)

50.6%

10 pts

🏦

35/100 Limited institutional signals Based on algo analysis

📈 P&L at Expiry — click to show payoff diagram

■ Profit zone ■ Loss zone ── P&L at expiry │ Current price

NFLX Stock NFLX

💰 Credit · Bull Put Spread ▲ Bullish

57/100

📉 Bull Put Spread — theta-positive alternative Needs Level 3

Sell 74.0 put @ $2.56 | Buy 71.0 put @ $1.67 | Net credit: $89/contract | Max loss: $211.0

What this trade means: You sell a put at $74 (collecting $165 per contract) and buy a put at $68 (paying $165). You keep the full credit if NFLX stays above $74 by 2026-08-07. Your only risk: if NFLX falls below $68, you lose $435/contract (max).

Underlying $77.65

Short Strike $74

Credit / Spread $165

Expiry 2026-08-07 (35d)

R/R Ratio 0.38×

📊 Probability of Profit Analysis via Black-Scholes N(d2)

58.7%

POP at Expiry Risky

Probability stock stays above $74 at 2026-08-07. You keep full credit if this happens.

61.2%

P(50% Profit Early)

Chance of reaching 50% profit before expiry and closing early. Tastyworks recommends closing at 50% max profit.

23.9%

P(Max Loss)

Probability of hitting maximum loss (stock below long strike at expiry). This is the scenario to size against.

POP uses risk-neutral probabilities — not historical win rates. Even an 80% POP trade loses 20% of the time. Size conservatively so any single loss is manageable.

📐 Expected Move Analysis ATM straddle

$68.83 ← $77.65 → $86.47

Expected move by 2026-08-07: ±11.4% (±$8.82)

LP$68 ← SP$74 ← EM↓$69 ← $78

⚠ Inside expected move — elevated assignment risk Short strike 4.7% OTM vs EM boundary 11.4%

0%IV Rank100%

IVR 92% Rich — sell premium ATM IV 55.7% vs HV30 35.3%

Vol Edge = (55.7% − 35.3%) / 35.3% = +57.6% Excellent Excellent — options very expensive vs recent movement

> 15%: Excellent 5–15%: Good 0–5%: Neutral <0%: Avoid selling

Skew -1.9pp ↑ calls bid P/C OI 0.44 Flow ↓ Bearish ⚡ Unusual Activity RSI 43 ▼ 50d MA (-7.7%) Max Pain $74 MACD ↑ Bullish Accelerating Vol → 1.1×

⚡ Gamma & Dealer Positioning Negative Gamma $-0.3M

Dealers net short gamma → moves can extend. Adds risk to short premium.

Gamma Support $75

Gamma Resistance $78 $80

Greeks (per contract, 1 spread)

Δ Delta +0.159

Θ Theta/day +1.70

V Vega/1%IV -2.39

Θ/V Ratio 0.71× Fair

OI 108 Vol 39 Spread 3.5% Mid $1.65

Break-even $72.35 (-6.8% from current)

Max Profit $165

Max Loss $435

Trade Management 50% / 2× Credit

▲ Profit target $82/contract (50% of max profit)

▼ Stop loss $326/contract loss (~2× credit received)

◷ Time stop Close at or before 21 DTE — gamma accelerates

Take profit at 50% of max — statistically optimal for credit spreads. Cut losses if spread value exceeds 2× credit received. Never hold short premium through FOMC or earnings.

📋 How to place this trade on your broker click to expand step-by-step instructions

Bid $2.56 → Use Mid $1.65 ✓ → Ask $2.65 Always place a Limit order at the mid. Never use Market.

💼 Position Sizing Engine Max loss/contract: $435 — click to see all account sizes

Professional rule: risk 1-3% of account per trade. Contracts = floor(Account × Risk% / Max Loss per spread). Always use the Conservative tier until you have 50+ trades of experience.

Account	Conservative (1%)	Moderate (2%)	Aggressive (3%)
$5,000	1 contract $435 risk (8.7%)	1 contract $435 risk (8.7%)	1 contract $435 risk (8.7%)
$10,000	1 contract $435 risk (4.3%)	1 contract $435 risk (4.3%)	1 contract $435 risk (4.3%)
$25,000	1 contract $435 risk (1.7%)	1 contract $435 risk (1.7%)	1 contract $435 risk (1.7%)
$100,000	2 contracts $870 risk (0.9%)	4 contracts $1,740 risk (1.7%)	6 contracts $2,610 risk (2.6%)

Highlighted row = $25k account (scanner default). Edit ACCOUNT_SIZE in options_scanner.py to match your account.

IVR 92% on NFLX — premium is elevated, making credit strategies attractive vs buying options outright. Short put ~7% OTM provides a meaningful cushion; defined max loss means no margin call risk. Technically: NFLX is below both MAs — in a downtrend, RSI 43. 25-delta skew is call-heavy (unusual upside demand) (-1.9pp). Unusual options activity detected (vol/OI ratio elevated) — large positioning may signal informed expectations. Max pain sits at $74 (-4.7% from current) — market maker incentive to pin near this level by expiry. Options market is pricing ±11.4% by 2026-08-07 (±$8.82 ATM straddle).

Direction signals (6)

Market regime strongly bullish (score +2)
Below both 50d and 200d MA — downtrend confirmed
RSI 43 — bearish momentum zone
Call skew elevated — unusual upside demand (potential squeeze)
Put volume dominant today — bearish order flow
Put/call OI ratio 0.44 — minimal hedging (market complacent)

Regime

15/20

Vol Edge

20/20

Liquidity

5/15

POP Edge

1/15 (58.7% POP)

Technicals

2/10

Institutional

5/10

Event Risk

9/10

Total 57/100 43% confidence

🏛️ Business Quality: 99.0/100 — Excellent (7 pillars scored — click to expand)

Strong underlying businesses make for more reliable options positions. High ROIC, growing cash flows, and low debt reduce blow-up risk. Source: Yahoo Finance quarterly financials.

ROIC proxy

46.0%

20 pts

Revenue growth YoY

+16.2%

15 pts

Earnings growth YoY

+86.4%

15 pts

FCF yield

7.9%

20 pts

Debt/Equity

54%

12 pts

Operating margin

32.3%

10 pts

Gross margin (moat)

49.0%

7 pts

🏦

50/100 Moderate institutional interest Unusual options flow detected

📈 P&L at Expiry — click to show payoff diagram

■ Profit zone ■ Loss zone ── P&L at expiry │ Current price

IWM ETF iShares Russell 2000 E…

💰 Credit · Bull Put Spread ▲ Bullish

57/100

📉 Bull Put Spread — theta-positive alternative Needs Level 3

Sell 283.0 put @ $2.77 | Buy 272.0 put @ $1.39 | Net credit: $138/contract | Max loss: $962.0

What this trade means: You sell a put at $290 (collecting $239 per contract) and buy a put at $278 (paying $239). You keep the full credit if IWM stays above $290 by 2026-08-07. Your only risk: if IWM falls below $278, you lose $961/contract (max).

Underlying $297.58

Short Strike $290

Credit / Spread $239

Expiry 2026-08-07 (35d)

R/R Ratio 0.25×

📊 Probability of Profit Analysis via Black-Scholes N(d2)

67.0%

POP at Expiry Fair

Probability stock stays above $290 at 2026-08-07. You keep full credit if this happens.

69.3%

P(50% Profit Early)

Chance of reaching 50% profit before expiry and closing early. Tastyworks recommends closing at 50% max profit.

13.7%

P(Max Loss)

Probability of hitting maximum loss (stock below long strike at expiry). This is the scenario to size against.

POP uses risk-neutral probabilities — not historical win rates. Even an 80% POP trade loses 20% of the time. Size conservatively so any single loss is manageable.

📐 Expected Move Analysis ATM straddle

$282.70 ← $297.58 → $312.46

Expected move by 2026-08-07: ±5.0% (±$14.88)

LP$278 ← SP$290 ← EM↓$283 ← $298

⚠ Inside expected move — elevated assignment risk Short strike 2.5% OTM vs EM boundary 5.0%

0%IV Rank100%

IVR 62% Rich — sell premium ATM IV 20.9% vs HV30 20.4%

Vol Edge = (20.9% − 20.4%) / 20.4% = +2.1% Neutral Neutral — options fairly priced vs recent movement

> 15%: Excellent 5–15%: Good 0–5%: Neutral <0%: Avoid selling

Skew +8.2pp ↓ puts bid P/C OI 2.17 Flow ↑ Bullish ⚡ Unusual Activity RSI 63 ▲ 50d MA (+4.0%) Max Pain $298 MACD ↑ Bullish Vol → 1.0×

⚡ Gamma & Dealer Positioning Positive Gamma $7.4M

Dealers net long gamma → market tends to revert. Stabilising for credit spreads.

Gamma Support $297 $295

Gamma Resistance $299 $308

Greeks (per contract, 1 spread)

Δ Delta +0.183

Θ Theta/day +3.26

V Vega/1%IV -13.58

Θ/V Ratio 0.24× Weak

OI 271 Vol 68 Spread 1.6% Mid $2.39

Break-even $287.61 (-3.4% from current)

Max Profit $239

Max Loss $961

Trade Management 50% / 2× Credit

▲ Profit target $120/contract (50% of max profit)

▼ Stop loss $721/contract loss (~2× credit received)

◷ Time stop Close at or before 21 DTE — gamma accelerates

Take profit at 50% of max — statistically optimal for credit spreads. Cut losses if spread value exceeds 2× credit received. Never hold short premium through FOMC or earnings.

📋 How to place this trade on your broker click to expand step-by-step instructions

Bid $4.38 → Use Mid $2.39 ✓ → Ask $4.45 Always place a Limit order at the mid. Never use Market.

💼 Position Sizing Engine Max loss/contract: $961 — click to see all account sizes

Professional rule: risk 1-3% of account per trade. Contracts = floor(Account × Risk% / Max Loss per spread). Always use the Conservative tier until you have 50+ trades of experience.

Account	Conservative (1%)	Moderate (2%)	Aggressive (3%)
$5,000	1 contract $961 risk (19.2%)	1 contract $961 risk (19.2%)	1 contract $961 risk (19.2%)
$10,000	1 contract $961 risk (9.6%)	1 contract $961 risk (9.6%)	1 contract $961 risk (9.6%)
$25,000	1 contract $961 risk (3.8%)	1 contract $961 risk (3.8%)	1 contract $961 risk (3.8%)
$100,000	1 contract $961 risk (1.0%)	2 contracts $1,922 risk (1.9%)	3 contracts $2,883 risk (2.9%)

Highlighted row = $25k account (scanner default). Edit ACCOUNT_SIZE in options_scanner.py to match your account.

IVR 62% on IWM — premium is elevated, making credit strategies attractive vs buying options outright. Short put ~7% OTM provides a meaningful cushion; defined max loss means no margin call risk. Technically: IWM is above both MAs — uptrend structurally intact, RSI 63. 25-delta skew is put-heavy (bearish protection demand) (+8.2pp). Unusual options activity detected (vol/OI ratio elevated) — large positioning may signal informed expectations. Max pain sits at $298 (+0.1% from current) — market maker incentive to pin near this level by expiry. Options market is pricing ±5.0% by 2026-08-07 (±$14.88 ATM straddle).

Direction signals (7)

Market regime strongly bullish (score +2)
Price above both 50d and 200d MA — uptrend intact
RSI 63 — bullish momentum zone
MACD histogram positive — bullish momentum cross
Put skew elevated — market paying up for downside protection
Call volume dominant today — bullish order flow
Put/call OI ratio 2.17 — heavy hedging in place (contrarian: extreme fear often precedes rallies)

Regime

15/20

Vol Edge

6/20

Liquidity

6/15

POP Edge

5/15 (67.0% POP)

Technicals

8/10

Institutional

7/10

Event Risk

9/10

Total 57/100 51% confidence

🌐 ETF — no single-stock fundamental risk. Broadly diversified; business quality scores not applicable.

🏦

74/100 Broad institutional ownership (ETF baseline) Index ETFs are predominantly owned by institutions.

📈 P&L at Expiry — click to show payoff diagram

■ Profit zone ■ Loss zone ── P&L at expiry │ Current price

SPY ETF SPDR S&P 500 ETF

💰 Credit · Bull Put Spread ▲ Bullish

54/100

📉 Bull Put Spread — theta-positive alternative Needs Level 3

Sell 708.0 put @ $3.68 | Buy 680.0 put @ $1.74 | Net credit: $194/contract | Max loss: $2606.0

What this trade means: You sell a put at $731 (collecting $359 per contract) and buy a put at $710 (paying $359). You keep the full credit if SPY stays above $731 by 2026-08-07. Your only risk: if SPY falls below $710, you lose $1741/contract (max).

Underlying $744.78

Short Strike $731

Credit / Spread $359

Expiry 2026-08-07 (35d)

R/R Ratio 0.21×

📊 Probability of Profit Analysis via Black-Scholes N(d2)

68.2%

POP at Expiry Fair

Probability stock stays above $731 at 2026-08-07. You keep full credit if this happens.

70.0%

P(50% Profit Early)

Chance of reaching 50% profit before expiry and closing early. Tastyworks recommends closing at 50% max profit.

13.8%

P(Max Loss)

Probability of hitting maximum loss (stock below long strike at expiry). This is the scenario to size against.

POP uses risk-neutral probabilities — not historical win rates. Even an 80% POP trade loses 20% of the time. Size conservatively so any single loss is manageable.

📐 Expected Move Analysis ATM straddle

$718.89 ← $744.78 → $770.67

Expected move by 2026-08-07: ±3.5% (±$25.89)

LP$710 ← SP$731 ← EM↓$719 ← $745

⚠ Inside expected move — elevated assignment risk Short strike 1.9% OTM vs EM boundary 3.5%

0%IV Rank100%

IVR 67% Rich — sell premium ATM IV 15.2% vs HV30 15.4%

Vol Edge = (15.2% − 15.4%) / 15.4% = -1.3% Unfavorable Unfavorable — options cheaper than recent vol (avoid selling)

> 15%: Excellent 5–15%: Good 0–5%: Neutral <0%: Avoid selling

Skew +9.5pp ↓ puts bid P/C OI 2.02 Flow ↑ Bullish RSI 56 ▲ 50d MA (+1.2%) Max Pain $782 MACD ↓ Bearish Vol → 0.9×

⚡ Gamma & Dealer Positioning Negative Gamma $nanM

Dealers net short gamma → moves can extend. Adds risk to short premium.

Gamma Support $720 $675

Gamma Resistance $747 $750

Greeks (per contract, 1 spread)

Δ Delta +0.174

Θ Theta/day +5.18

V Vega/1%IV -32.20

Θ/V Ratio 0.16× Weak

OI 260 Vol 151 Spread 0.8% Mid $3.59

Break-even $727.41 (-2.3% from current)

Max Profit $359

Max Loss $1,741

Trade Management 50% / 2× Credit

▲ Profit target $180/contract (50% of max profit)

▼ Stop loss $1,306/contract loss (~2× credit received)

◷ Time stop Close at or before 21 DTE — gamma accelerates

Take profit at 50% of max — statistically optimal for credit spreads. Cut losses if spread value exceeds 2× credit received. Never hold short premium through FOMC or earnings.

📋 How to place this trade on your broker click to expand step-by-step instructions

Bid $7.48 → Use Mid $3.59 ✓ → Ask $7.54 Always place a Limit order at the mid. Never use Market.

💼 Position Sizing Engine Max loss/contract: $1741 — click to see all account sizes

Professional rule: risk 1-3% of account per trade. Contracts = floor(Account × Risk% / Max Loss per spread). Always use the Conservative tier until you have 50+ trades of experience.

Account	Conservative (1%)	Moderate (2%)	Aggressive (3%)
$5,000	1 contract $1,741 risk (34.8%)	1 contract $1,741 risk (34.8%)	1 contract $1,741 risk (34.8%)
$10,000	1 contract $1,741 risk (17.4%)	1 contract $1,741 risk (17.4%)	1 contract $1,741 risk (17.4%)
$25,000	1 contract $1,741 risk (7.0%)	1 contract $1,741 risk (7.0%)	1 contract $1,741 risk (7.0%)
$100,000	1 contract $1,741 risk (1.7%)	1 contract $1,741 risk (1.7%)	1 contract $1,741 risk (1.7%)

Highlighted row = $25k account (scanner default). Edit ACCOUNT_SIZE in options_scanner.py to match your account.

IVR 67% on SPY — premium is elevated, making credit strategies attractive vs buying options outright. Short put ~7% OTM provides a meaningful cushion; defined max loss means no margin call risk. Technically: SPY is above both MAs — uptrend structurally intact, RSI 56. 25-delta skew is put-heavy (bearish protection demand) (+9.5pp). Max pain sits at $782 (+5.0% from current) — market maker incentive to pin near this level by expiry. Options market is pricing ±3.5% by 2026-08-07 (±$25.89 ATM straddle).

Direction signals (7)

Market regime strongly bullish (score +2)
Price above both 50d and 200d MA — uptrend intact
RSI 56 — bullish momentum zone
MACD histogram negative — bearish momentum cross
Put skew elevated — market paying up for downside protection
Call volume dominant today — bullish order flow
Put/call OI ratio 2.02 — heavy hedging in place (contrarian: extreme fear often precedes rallies)

Regime

15/20

Vol Edge

2/20

Liquidity

7/15

POP Edge

5/15 (68.2% POP)

Technicals

8/10

Institutional

8/10

Event Risk

9/10

Total 54/100 49% confidence

🌐 ETF — no single-stock fundamental risk. Broadly diversified; business quality scores not applicable.

🏦

82/100 Broad institutional ownership (ETF baseline) Index ETFs are predominantly owned by institutions.

📈 P&L at Expiry — click to show payoff diagram

■ Profit zone ■ Loss zone ── P&L at expiry │ Current price

All Scanned Complete universe with key metrics

Ticker	Strategy	Price	Strike	Expiry	IVR	Vol Edge	POP	Exp Move	Max Loss	Score	Conf
TSLA Bes	Bull Call Spread	$393.4	$430	2026-08-07 35d	59%	-13%	26.0%	±11.6%	$1,000	63	49
SOFI Hig	Bull Put Spread	$18.2	$17	2026-08-07 35d	61%	+28%	60.1%	±16.7%	$145	61	57
GOOGL	Bull Put Spread	$359.9	$340	2026-08-07 35d	100%	+31%	65.8%	±9.7%	$2,871	60	47
AMZN	Bull Put Spread	$242.7	$230	2026-08-07 35d	93%	+30%	63.5%	±10.4%	$1,134	59	51
NFLX	Bull Put Spread	$77.7	$74	2026-08-07 35d	92%	+58%	58.7%	±11.4%	$435	57	43
IWM ETF	Bull Put Spread	$297.6	$290	2026-08-07 35d	62%	+2%	67.0%	±5.0%	$961	57	51
AVGO	Bull Call Spread	$360.4	$385	2026-08-07 35d	51%	-22%	31.9%	±12.2%	$1,025	55	44
GLD ETF	Bull Call Spread	$378.1	$400	2026-08-07 35d	33%	-9%	24.1%	±5.9%	$965	55	42
SPY ETF	Bull Put Spread	$744.8	$731	2026-08-07 35d	67%	-1%	68.2%	±3.5%	$1,741	54	49
PFE	Bull Call Spread	$24.3	$25	2026-08-07 35d	25%	-7%	34.3%	±6.1%	$43	54	41
HOOD	Bull Call Spread	$112.7	$120	2026-08-07 35d	56%	-5%	35.7%	±15.4%	$427	53	47
AAPL Saf	Bull Put Spread	$308.6	$285	2026-08-07 35d	76%	-7%	79.5%	±7.1%	$874	51	47
QQQ ETF	Bull Put Spread	$712.6	$690	2026-08-07 35d	75%	-7%	65.4%	±6.4%	$3,231	50	46
DOC	Long Call	$21.9	$20	2026-08-21 49d	33%	+14%	78.4%	±4.6%	$203	49	46
AMD	Bull Put Spread	$517.8	$460	2026-08-07 35d	77%	+2%	63.7%	±20.4%	$655	47	46
MSFT	Bull Put Spread	$390.5	$370	2026-08-07 35d	86%	+7%	64.4%	±10.2%	$1,888	46	43
NVDA	Iron Condor	$194.8	$195	2026-08-07 35d	76%	+2%	48.9%	±9.9%	$258	45	30
TLT ETF	Bull Call Spread	$85.5	$87	2026-08-07 35d	46%	+7%	33.4%	±2.3%	$38	45	44
META	Bull Put Spread	$582.9	$550	2026-08-07 35d	85%	-1%	63.5%	±11.4%	$2,155	43	43
PLTR	Bull Put Spread	$129.3	$120	2026-08-07 35d	78%	-3%	61.9%	±15.7%	$708	43	38
NKE Bes	Bull Call Spread	$44.1	$50	2026-08-07 35d	53%	+9%	16.2%	±9.2%	$126	42	40
MU	Bull Put Spread	$975.6	$900	2026-08-07 35d	68%	-18%	54.4%	±24.9%	$6,443	40	46
SEZL	Bull Call Spread	$183.2	$210	2026-08-21 49d	39%	+39%	28.9%	±25.2%	$550	36	42
LYB Bes	Bull Call Spread	$53.4	$60	2026-08-21 49d	60%	+108%	25.0%	±13.7%	$165	33	40
PDD	Iron Condor	$82.4	$82	2026-08-07 35d	65%	-13%	48.7%	±8.6%	$267	31	30

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Important disclosures: Options trading involves significant risk of loss and is not appropriate for all investors. Strategies shown are algorithmic research outputs based on publicly available market data (Yahoo Finance). IV Rank is approximated via rolling 52-week HV — not sourced from a live IV feed. POP (Probability of Profit) is computed using Black-Scholes N(d2) — a theoretical model that assumes log-normal returns; real outcomes deviate. Gamma Exposure is estimated via BSM from the options chain — not actual dealer positioning data. Business Quality scores use yfinance quarterly financials. Institutional scores are proxies, not actual 13F/dark pool data. Confidence scores measure signal alignment, not probability of profit. Position size recommendations assume a $25,000 account — edit ACCOUNT_SIZE in options_scanner.py. Past selection results do not guarantee future performance. Always consult a licensed financial advisor before trading.