Category: Trades

A bear call spread on NOW: short $172 call, long $182 call to cap the loss at $971. RSI 74, no earnings before expiry, 17% buffer to the short strike.

A bearish capped risk reversal on JPM: short $367.5 call, long $380 call to cap losses, long $295 put for downside. Small credit, defined risk, negative delta.

Selling a naked put on NVDA: $170 strike, Aug 2026 expiry, ~55% IV rank. Breakeven at $168.44, with a plan to close well before expiration.

Short put on Chevron (CVX) at the $160 strike, ~5% out of the money, selling into a 71% IV rank for a $1.08 credit with an 18-day window and ~80% probability of profit.

An AMKR bear call spread trade write-up: high IV rank, deep out-of-the-money strikes, no catalysts, and a clear plan to roll down and out if challenged.

Royal Caribbean (RCL) has ripped back from its May lows and is now near $314, pushing the upper Bollinger Band. IV rank is still around 74%, so I sold a deep out-of-the-money put on it.

I've had Reddit (RDDT) on my watchlist for a while, mostly because the volatility never seems to fully calm down. It looks like a good moment to sell a put on this underlying

Agnico Eagle Mines (AEM) has recently reported earnings and the print was solid, but for some reason the implied volatility did not crush the way you'd typically expect after a scheduled event.

Quest Diagnostics (DGX) just reported earnings and the print was solid, but for some reason the implied volatility did not crush. So, I sold a put here.

McDonald's (MCD) has sold off sharply from the $340+ highs it printed in February and is now trading around $307, with the RSI deep in oversold territory and the IV rank above 85%. That's a setup I like for selling premium.