| Profile | Delta band | Expiry | DTE | Strike | Δ | Credit | Collateral | ARoC | VAY | POP | Unassigned | IV/RV | Verdict |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| conservative | 0.05–0.15 | 2026-10-30 | 7 | 325 | -0.06 | 0.43 | $32,457 | 7% | 0.21 | 94% | 93% | 1.82× | sell |
| moderate | 0.15–0.25 | 2026-11-06 ⚠ | 14 | 330 | -0.20 | 2.86 | $32,714 | 23% | 0.64 | 81% | 78% | 1.96× | sell |
| aggressive | 0.25–0.40 | 2026-10-30 | 7 | 345 | -0.38 | 3.41 | $34,159 | 52% | 2.00 | 70% | 60% | 1.43× | sell |
Read it as a ladder: a higher delta pays a larger credit precisely because it is likelier to be assigned. The profiles differ in what they accept, not in how much edge they find.
| Expiry | DTE | ATM IV | Ern | Strike | Δ | Credit | ARoC | VAY | Unassigned | IV/RV | Γ risk | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10-30 | 7 | 26% | 335 | -0.16 | 1.16 | 18% | 0.63 | 83% | 1.59× | 0.060 | ||
| 11-06 | 14 | 32% | ⚠ | 330 | -0.20 | 2.86 | 23% | 0.64 | 78% | 1.96× | 0.041 | |
| 11-13 | 21 | 29% | ⚠ | 330 | -0.23 | 3.69 | 20% | 0.60 | 75% | 1.80× | 0.038 | |
| 11-20 | 28 | 28% | ⚠ | 320 | -0.15 | 2.61 | 11% | 0.33 | 82% | 1.79× | 0.026 | |
| 11-27 | 35 | 26% | ⚠ | 330 | -0.25 | 4.88 | 16% | 0.53 | 72% | 1.61× | 0.035 | |
| 12-18 | 56 | 26% | ⚠ | 325 | -0.23 | 5.57 | 11% | 0.40 | 73% | 1.56× | 0.027 | |
| 01-15 | 84 | 25% | ⚠ | no qualifying strike | ||||||||
Annualized return is not neutral across the term: at constant delta a short-dated contract annualizes far higher simply because a small credit over a few days extrapolates hugely. Γ risk — the delta change per 1% move — shows what the short end costs you.
20:25 EDT · after hours
Market is closed. Quotes are the closing marks.
Freshly scanned. Generated 2026-10-23 00:25 UTC. JSON