$Zillow(Z)$
- Underlying Asset: Z
- Market View: Cautiously Bullish / Oversold Bounce. Expecting the stock to hold above the $30.4 support and potentially grind higher towards $33.0-$33.5, but not a sharp, explosive rally.
- Strategy Type: Credit Spread / Defined Risk
- Option Contract Portfolio:
- Sell 1 Z 2026-08-21 $30.0 Put @ ~$2.70 (Mid Price)
- Buy 1 Z 2026-08-21 $27.5 Put @ ~$1.60 (Mid Price)
- Max Gain & Loss:
- Max Gain: $110 Credit per spread
- Max Loss: $140 per spread
- Initial Cost/Credit: Initial Credit of ~$110 per spread.
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