π― Blackstone (BX) Options Strategy: Bull Put Spread (Credit Spread)
$Blackstone Group LP(BX)$ - Underlying: BX - View: Cautiously optimistic, expecting a consolidation or modest rebound within a defined range, with strong support at $112.93. - Strategy Type: Credit Spread / Defined Risk - Option Contract Portfolio: - Sell 1 BX Put @ $120 strike (Exp: 2026-07-17) - Buy 1 BX Put @ $115 strike (Exp: 2026-07-17) - Max Gain & Loss: Max Gain = Net Credit Received ($0.50 est.). Max Loss = Width of Spread ($5) - Net Credit = ~$4.50. - Initial Cost/Credit: Initial Credit (Estimated: ~$0.50 per spread).
$Sea Ltd(SE)$ - Underlying: SE - View: Neutral-to-Bearish (Short-term). Expect the stock to consolidate or pull back from overbought levels, staying below a key resistance point. - Strategy Type: Credit Spread / Defined Risk - Option Contract Portfolio: - Sell 1 SE Call @ Strike $112.00 (Expiry: 2026-07-17) - Buy 1 SE Call @ Strike $115.00 (Expiry: 2026-07-17) - Max Gain & Loss: - Max Gain: Net Credit Received ($1.10) - Max Loss: Width of Spread ($3.00) - Net Credit ($1.10) = $1.90 - Initial Cost/Credit: Initial Credit of ~$1.10 per spread.
$Zillow(Z)$ - Underlying: Z - View: Cautiously optimistic, testing resistance at $33.44, with MACD bullish divergence and RSI(6) at 63.55 indicating potential for a continued short-term bounce. The primary risk is the strong resistance at $41.72. - Strategy Type: Debit Spread (Directional Bullish) - Option Contract Portfolio: - Buy 1 Z 2026-08-21 $32.5 Call @ $3.70 (mid-price) - Sell 1 Z 2026-08-21 $40.0 Call @ $1.20 (mid-price) - Max Gain & Loss: - Max Gain: $550 [($40.0 - $32.5) - ($3.70 - $1.20) * 100] - Max Loss: $250 [($3.70 - $1.20) * 100] - Initial Cost/Credit: Net Debit of $250 per spread.
$Everpure(P)$ - Underlying: P (Everpure) - View: Cautiously optimistic for a continued move towards resistance at $83.55, with a potential breakout. The view is bullish but capped, expecting moderate upside. - Strategy Type: Debit Spread / Directional Bullish - Option Contract Portfolio: - Buy 1x P Call $80.00 (Exp: 2026-08-21) - Sell 1x P Call $85.00 (Exp: 2026-08-21) - Max Gain & Loss: - Max Gain: ~$4.00 per spread (Difference between strikes minus net debit) - Max Loss: Net Debit Paid (~$3.00 per spread) - Initial Cost/Credit: Net Debit of ~$3.00 (Estimated from mid-prices: Buy $80 Call ~$8.20, Sell $85 Call ~$5.20)
π― $Unity Software Inc.(U) Options Strategy: Short Iron Condor
$Unity Software Inc.(U)$ - Underlying: U - View: Neutral / Range-Bound Consolidation. Expecting the stock to trade between $29.5 (support) and $31.5 (resistance) in the near term. - Strategy Type: Credit Spread / Volatility Selling - Option Contract Portfolio: - Sell 1x U Aug 21, 2026 $29.5 Put @ ~$0.70 (Mid) - Buy 1x U Aug 21, 2026 $28.0 Put @ ~$0.32 (Mid) - Sell 1x U Aug 21, 2026 $31.5 Call @ ~$0.83 (Mid) - Buy 1x U Aug 21, 2026 $33.0 Call @ ~$0.44 (Mid) - Max Gain & Loss: Max Gain = Net Credit Received (~$0.77). Max Loss = Width of Spreads ($1.50) - Net Credit = ~$0.73 per share. - Initial Cost/Credit: Initial Net Credit of ~$0.77 per share.
$3D Systems(DDD)$ - Underlying: DDD - View: Cautiously Bullish, targeting a move towards resistance at $3.27. - Strategy Type: Directional Bullish / Debit Spread - Option Contract Portfolio: - Buy 1 DDD 2026-08-21 $3.0 Call (Ask: ~$0.60) - Sell 1 DDD 2026-08-21 $3.5 Call (Bid: ~$0.25) - Max Gain & Loss: Max Gain = $0.10 per spread ($50 per 5-lot). Max Loss = $0.35 per spread ($175 per 5-lot). - Initial Cost/Credit: Net Debit of ~$0.35 per spread.
π― $Western Digital Corp. (WDC) Options Strategy: Bull Put Spread (Credit Spread)
$Western Digital(WDC)$ - Underlying: WDC - View: Cautiously optimistic, expecting consolidation or a modest bounce within the $580-$600 range. RSI has moved out of oversold territory. - Strategy Type: Credit Spread / Defined Risk - Option Contract Portfolio: - Sell 1 WDC 17JUL26 $570 Put @ $10.44 (Mid Price) - Buy 1 WDC 17JUL26 $560 Put @ $7.30 (Mid Price) - Max Gain & Loss: Max Gain = Net Credit ($3.14) * 100 = $314. Max Loss = ($570 - $560 - $3.14) * 100 = $686. - Initial Cost/Credit: Net Credit of ~$3.14 per spread.
$S&P 500(.SPX)$ strong breakout today above the 7500 level, SPX setting up for the all time high at 7621 by next week. Keep a close eye on 7621, once it gets through it'll set up for the next leg higher to 8000. $Micron Technology(MU)$ has started to build a new base above 900 this past 2 weeks. IF MU can get through 1000 tomorrow it can pop back up near 1040-1050 MU July 10 1050C is best above 1000 $Meta Platforms, Inc.(META)$ strong breakout above 600 today. META closed above the 628 resistance. We can see META Run to 650+ next. META July 10 640C is best above 630 tomorrow Good luck tmrw everyone!! π«‘
$S&P 500(.SPX)$ strong breakout today above the 7500 level, SPX setting up for the all time high at 7621 by next week. Keep a close eye on 7621, once it gets through it'll set up for the next leg higher to 8000. $Micron Technology(MU)$ has started to build a new base above 900 this past 2 weeks. IF MU can get through 1000 tomorrow it can pop back up near 1040-1050 MU July 10 1050C is best above 1000 $Meta Platforms, Inc.(META)$ strong breakout above 600 today. META closed above the 628 resistance. We can see META Run to 650+ next. META July 10 640C is best above 630 tomorrow Good luck tmrw everyone!! π«‘
π― $Unity Software Inc.(U) Options Strategy: Short Iron Condor
$Unity Software Inc.(U)$ - Underlying: U - View: Neutral / Range-Bound Consolidation. Expecting the stock to trade between $29.5 (support) and $31.5 (resistance) in the near term. - Strategy Type: Credit Spread / Volatility Selling - Option Contract Portfolio: - Sell 1x U Aug 21, 2026 $29.5 Put @ ~$0.70 (Mid) - Buy 1x U Aug 21, 2026 $28.0 Put @ ~$0.32 (Mid) - Sell 1x U Aug 21, 2026 $31.5 Call @ ~$0.83 (Mid) - Buy 1x U Aug 21, 2026 $33.0 Call @ ~$0.44 (Mid) - Max Gain & Loss: Max Gain = Net Credit Received (~$0.77). Max Loss = Width of Spreads ($1.50) - Net Credit = ~$0.73 per share. - Initial Cost/Credit: Initial Net Credit of ~$0.77 per share.
$Everpure(P)$ - Underlying: P (Everpure) - View: Cautiously optimistic for a continued move towards resistance at $83.55, with a potential breakout. The view is bullish but capped, expecting moderate upside. - Strategy Type: Debit Spread / Directional Bullish - Option Contract Portfolio: - Buy 1x P Call $80.00 (Exp: 2026-08-21) - Sell 1x P Call $85.00 (Exp: 2026-08-21) - Max Gain & Loss: - Max Gain: ~$4.00 per spread (Difference between strikes minus net debit) - Max Loss: Net Debit Paid (~$3.00 per spread) - Initial Cost/Credit: Net Debit of ~$3.00 (Estimated from mid-prices: Buy $80 Call ~$8.20, Sell $85 Call ~$5.20)
$Zillow(Z)$ - Underlying: Z - View: Cautiously optimistic, testing resistance at $33.44, with MACD bullish divergence and RSI(6) at 63.55 indicating potential for a continued short-term bounce. The primary risk is the strong resistance at $41.72. - Strategy Type: Debit Spread (Directional Bullish) - Option Contract Portfolio: - Buy 1 Z 2026-08-21 $32.5 Call @ $3.70 (mid-price) - Sell 1 Z 2026-08-21 $40.0 Call @ $1.20 (mid-price) - Max Gain & Loss: - Max Gain: $550 [($40.0 - $32.5) - ($3.70 - $1.20) * 100] - Max Loss: $250 [($3.70 - $1.20) * 100] - Initial Cost/Credit: Net Debit of $250 per spread.
$Sea Ltd(SE)$ - Underlying: SE - View: Neutral-to-Bearish (Short-term). Expect the stock to consolidate or pull back from overbought levels, staying below a key resistance point. - Strategy Type: Credit Spread / Defined Risk - Option Contract Portfolio: - Sell 1 SE Call @ Strike $112.00 (Expiry: 2026-07-17) - Buy 1 SE Call @ Strike $115.00 (Expiry: 2026-07-17) - Max Gain & Loss: - Max Gain: Net Credit Received ($1.10) - Max Loss: Width of Spread ($3.00) - Net Credit ($1.10) = $1.90 - Initial Cost/Credit: Initial Credit of ~$1.10 per spread.
π― Blackstone (BX) Options Strategy: Bull Put Spread (Credit Spread)
$Blackstone Group LP(BX)$ - Underlying: BX - View: Cautiously optimistic, expecting a consolidation or modest rebound within a defined range, with strong support at $112.93. - Strategy Type: Credit Spread / Defined Risk - Option Contract Portfolio: - Sell 1 BX Put @ $120 strike (Exp: 2026-07-17) - Buy 1 BX Put @ $115 strike (Exp: 2026-07-17) - Max Gain & Loss: Max Gain = Net Credit Received ($0.50 est.). Max Loss = Width of Spread ($5) - Net Credit = ~$4.50. - Initial Cost/Credit: Initial Credit (Estimated: ~$0.50 per spread).
$3D Systems(DDD)$ - Underlying: DDD - View: Cautiously Bullish, targeting a move towards resistance at $3.27. - Strategy Type: Directional Bullish / Debit Spread - Option Contract Portfolio: - Buy 1 DDD 2026-08-21 $3.0 Call (Ask: ~$0.60) - Sell 1 DDD 2026-08-21 $3.5 Call (Bid: ~$0.25) - Max Gain & Loss: Max Gain = $0.10 per spread ($50 per 5-lot). Max Loss = $0.35 per spread ($175 per 5-lot). - Initial Cost/Credit: Net Debit of ~$0.35 per spread.
π― $Western Digital Corp. (WDC) Options Strategy: Bull Put Spread (Credit Spread)
$Western Digital(WDC)$ - Underlying: WDC - View: Cautiously optimistic, expecting consolidation or a modest bounce within the $580-$600 range. RSI has moved out of oversold territory. - Strategy Type: Credit Spread / Defined Risk - Option Contract Portfolio: - Sell 1 WDC 17JUL26 $570 Put @ $10.44 (Mid Price) - Buy 1 WDC 17JUL26 $560 Put @ $7.30 (Mid Price) - Max Gain & Loss: Max Gain = Net Credit ($3.14) * 100 = $314. Max Loss = ($570 - $560 - $3.14) * 100 = $686. - Initial Cost/Credit: Net Credit of ~$3.14 per spread.