$PayPal(PYPL)$ - Underlying: PYPL - View: Cautiously optimistic for a continued bounce from support towards the $47.93 resistance level, but expecting potential consolidation in the near term. - Strategy Type: Debit Spread / Directional Bullish - Option Contract Portfolio: - Buy 1 PYPL 2026-07-10 $44.0 Call - Sell 1 PYPL 2026-07-10 $47.0 Call - Max Gain & Loss: - Max Gain: $2.01 (if PYPL >= $47.0 at expiration) - Max Loss: $0.99 (if PYPL <= $44.0 at expiration) - Initial Cost/Credit: Net Debit of $0.99 per spread (using mid-prices: Buy $44C @ $1.28, Sell $47C @ $0.29).
$Yelp(YELP)$ - Underlying: YELP - View: Cautiously optimistic, expecting a move towards the $26-$28 resistance zone after a strong breakout. - Strategy Type: Debit Spread / Directional Bullish - Option Contract Portfolio: - Buy 1 YELP Call $26.00 Strike (Exp: 2026-08-21) for ~$1.30 - Sell 1 YELP Call $28.00 Strike (Exp: 2026-08-21) for ~$0.775 - Max Gain & Loss: Max Gain: $150 per spread. Max Loss: $525 per spread (net debit). - Initial Cost/Credit: Net Debit: ~$5.25 per spread.
π― $Herbalife Ltd.(HLF) Options Strategy: Bull Put Spread (Credit Spread)
$Herbalife(HLF)$ - Underlying: HLF - View: Cautiously Optimistic (Bullish Bias). Expects the stock to hold above a key support level and potentially rise modestly. - Strategy Type: Credit Spread / Defined Risk / Positive Theta - Option Contract Portfolio: - Sell 1 HLF Put @ $12.0 Strike, Expiry 2026-07-10 - Buy 1 HLF Put @ $11.0 Strike, Expiry 2026-07-10 - Max Gain & Loss: Max Gain = Net Credit Received. Max Loss = ($12.0 - $11.0) - Net Credit. - Initial Cost/Credit: Net Credit of ~$0.15 (Est. from chain data: Sell $12p @ ~$0.275, Buy $11p @ ~$0.125).
$Adobe(ADBE)$ - Underlying: ADBE - View: Cautiously Bullish. Expecting a continuation of the bounce towards the immediate resistance/pivot near $204-$210, but with defined risk. - Strategy Type: Debit Spread / Defined Risk Bullish - Option Contract Portfolio: - Buy 1 ADBE 19 Jul 2024 $200 Call - Sell 1 ADBE 19 Jul 2024 $210 Call - Max Gain & Loss: Max Gain = ($210 - $200 - Net Debit). Max Loss = Net Debit Paid. - Initial Cost/Credit: Debit of ~$3.00 (Estimated from chain: Buy $200 Call @ ~$5.40, Sell $210 Call @ ~$2.40).
$Intuit(INTU)$ - 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.
$IBM(IBM)$ - Underlying: IBM - View: Cautiously Optimistic. Expecting consolidation near $270-$275, followed by a potential test of the $285-$290 resistance zone. The bullish MACD crossover and RSI(6) moving out of oversold territory support a short-to-medium-term bullish bias. - Strategy Type: Bullish Debit Spread / Directional - Option Contract Portfolio: - Buy 1x IBM 2026-07-10 270.0 Call (Mid Price: $9.50) - Sell 1x IBM 2026-07-10 285.0 Call (Mid Price: $3.875) - Max Gain & Loss: - Max Gain: $1,375 [($285 - $270) * 100 - Net Debit] - Max Loss: $625 [Net Debit] - Initial Cost/Credit: Net Debit of ~$6.25 per spread ($9.50 - $3.875 = $5.625, using conservative mid-point).
$Unity Software Inc.(U)$ - Underlying: U - View: Cautiously optimistic, expecting a technical rebound towards $30.65 resistance, with consolidation likely between $27.50 and $30.50 in the near term. - Strategy Type: Bullish Debit Spread / Directional - Option Contract Portfolio: - Buy 1 U 2026-07-10 $28.00 Call @ $1.53 (Mid Price) - Sell 1 U 2026-07-10 $30.00 Call @ $0.735 (Mid Price) - Max Gain & Loss: Max Gain = $120; Max Loss = $80 - Initial Cost/Credit: Net Debit of $0.795 per spread.
$Zillow(Z)$ - 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.