Sell $53 Put expiring Nov 06
6.7% yield · $355 premium · 14 days · $5K collateral
Bid/Ask at 10:23 AM ET: $3.55 / $3.60
Premium quality
40 / 40 · exceptional
Days to expiration
15 / 30 · acceptable
Strike & technical support
11 / 20 · decent cushion
Implied volatility
6 / 10 · moderate
Option liquidity
2 / 5 · thin
⚠️ Strike may be above key support levels. Verify support on the monthly chart before entering. Premium at 6.7% of strike is strong compensation for the risk. IV rank of 58 is moderate, a decent but not exceptional seller's edge. Technical cushion is decent but not exceptional. Verify support levels on your chart. 6.7% yield on 14 days annualizes to 174.6%.
21 trades tracked · 62% win rate · -$244 avg P&L
CRWV has been volatile. Not every trade has won. System is recommending it again because the current signal stack is stronger than the historical average.
1 contract = $5K collateral
Max 1 for $25K account (5% rule)