{"symbol":"XLE","name":"State Street Energy Select Sect","spot":"67.57","strategy":"csp","strategy_label":"cash-secured puts","rv":"22.0","rv_window":30,"gap_distortion":null,"rv_all":"22.0","earnings":null,"earnings_days":null,"any_sell":true,"rows":[{"profile":"conservative","band":"0.05–0.15","notes":"~5-15Δ. Assignment is genuinely unlikely; you are paid little for that. Skips anything spanning earnings and demands a real vol premium.","sell":false,"headline":"No puts clear the conservative profile's requirements.","reasons":["Most contracts were rejected because: no two-sided market (170 of them).","A more permissive risk profile, or looser individual filters, may surface candidates here."],"best":null},{"profile":"moderate","band":"0.15–0.25","notes":"~15-25Δ, 21-60 DTE. Where most premium-selling literature sits: meaningful credit, assignment a real but minority outcome.","sell":false,"headline":"No puts clear the moderate profile's requirements.","reasons":["Most contracts were rejected because: no two-sided market (170 of them).","A more permissive risk profile, or looser individual filters, may surface candidates here."],"best":null},{"profile":"aggressive","band":"0.25–0.40","notes":"~25-40Δ. Roughly one trade in three finishes in the money, so only coherent if you are willing to own the stock (puts) or be called away (calls) and have sized the position for it.","sell":true,"headline":"Best put to sell: see below.","reasons":["Best contract prices vol at 1.22x realized.","63% chance of expiring unassigned (71% probability of profit at 33Δ).","16% annualized on $6,340 of collateral."],"best":{"expiry":"2026-12-18","dte":56,"strike":"65","delta":"-0.33","credit":"1.60","capital":"6,340","static":"2.5","aroc":"16","vay":"0.61","vay_band":"rich","pop":"71","p_otm":"63","iv":"27","iv_rv":"1.22","earnings":false,"contract":"XLE261218P00065000","breakeven":"63.40","cushion":"3.8"}}],"term":[{"expiry":"10-30","dte":7,"atm_iv":"32","iv_pct":76,"earnings":false,"strike":null,"delta":null,"credit":null,"aroc":null,"vay":null,"p_otm":null,"iv_rv":null,"gamma":null},{"expiry":"11-06","dte":14,"atm_iv":"33","iv_pct":100,"earnings":false,"strike":null,"delta":null,"credit":null,"aroc":null,"vay":null,"p_otm":null,"iv_rv":null,"gamma":null},{"expiry":"11-13","dte":21,"atm_iv":"33","iv_pct":98,"earnings":false,"strike":null,"delta":null,"credit":null,"aroc":null,"vay":null,"p_otm":null,"iv_rv":null,"gamma":null},{"expiry":"11-20","dte":28,"atm_iv":"31","iv_pct":58,"earnings":false,"strike":null,"delta":null,"credit":null,"aroc":null,"vay":null,"p_otm":null,"iv_rv":null,"gamma":null},{"expiry":"11-27","dte":35,"atm_iv":"27","iv_pct":0,"earnings":false,"strike":null,"delta":null,"credit":null,"aroc":null,"vay":null,"p_otm":null,"iv_rv":null,"gamma":null},{"expiry":"12-18","dte":56,"atm_iv":"31","iv_pct":61,"earnings":false,"strike":null,"delta":null,"credit":null,"aroc":null,"vay":null,"p_otm":null,"iv_rv":null,"gamma":null},{"expiry":"12-31","dte":69,"atm_iv":"28","iv_pct":10,"earnings":false,"strike":null,"delta":null,"credit":null,"aroc":null,"vay":null,"p_otm":null,"iv_rv":null,"gamma":null},{"expiry":"01-15","dte":84,"atm_iv":"28","iv_pct":14,"earnings":false,"strike":null,"delta":null,"credit":null,"aroc":null,"vay":null,"p_otm":null,"iv_rv":null,"gamma":null}],"timing":{"window":"after hours","quality":"closed","advice":"Market is closed. Quotes are the closing marks.","movement":null,"is_good":false,"clock":"21:07 EDT","streak":"2 consecutive up closes (+0.5%). Reported as context only: streak-based timing showed no measurable effect on the seller's edge (t = 0.02, measured over 33 years of index data)."},"cached":false,"age_minutes":0,"generated":"2026-10-23 01:07 UTC"}