- Underlying: INTU
- View: Cautiously Optimistic (Short-term oversold rebound). The stock is deeply oversold, RSI has recovered from oversold levels, MACD is turning positive, and the immediate resistance at $275 is a key target.
- Strategy Type: Debit Spread / Directional Bullish
- Option Contract Portfolio:
- Buy 1x INTU 15 Jul 2026 $270 Call
- Sell 1x INTU 15 Jul 2026 $280 Call
- Max Gain & Loss:
- Max Gain: $1,000 per spread (($280 - $270) * 100) minus net premium paid.
- Max Loss: Limited to the net premium paid.
- Initial Cost/Credit: Debit of ~$4.00 (estimated from chain: Buy $270 Call @ ~$8.85, Sell $280 Call @ ~$4.85). Total cost ~$400 per spread.
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