Category: Trades

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.

Eli Lilly (LLY) has pulled back hard from its highs and is now sitting right on the 200-day moving average, with an IV rank above 85%. That combination was enough for me to sell a put on it.

GE Aerospace (GE) is looking super oversold right now, with an IV rank above 95%, so I sold a put on it.

I noticed that Philip Morris (PM) may be entering a slightly bullish phase. IV rank is high (above 75%) so I sold a put