🎯 $Pinterest, Inc.(PINS) Options Strategy: Bull Put Spread (Credit Spread)
$Pinterest, Inc.(PINS)$ - Underlying: PINS - View: Cautiously Bullish / Expecting consolidation above support before a move higher. Aim to capitalize on elevated IV and positive theta decay. - Strategy Type: Credit Spread / Defined Risk - Option Contract Portfolio: - Sell 1 PINS 2026-06-18 $20.00 Put @ $0.18 (Mid Price) - Buy 1 PINS 2026-06-18 $19.00 Put @ $0.075 (Mid Price) - Max Gain & Loss: Max Gain = Net Credit = $0.105 per spread. Max Loss = (Strike Difference - Net Credit) = $0.895 per spread. - Initial Cost/Credit: Net Credit of $0.105 per share ($10.5 per spread).
🎯 $Intuit Inc. (INTU) Options Strategy: Bull Call Spread
$Intuit(INTU)$ - Underlying: INTU - View: Cautiously optimistic for a short-term oversold bounce, expecting consolidation in the $295-$310 range with a potential test of the $306-$310 resistance zone. - Strategy Type: Debit Spread / Directional Bullish - Option Contract Portfolio: - Buy 1x INTU 9 JUN 2026 $300.00 Call @ ~$14.55 (mid) - Sell 1x INTU 9 JUN 2026 $310.00 Call @ ~$5.95 (mid) - Max Gain & Loss: Max Gain = $540 (Width of Spread - Net Debit). Max Loss = $460 (Net Debit Paid). - Initial Cost/Credit: Net Debit of ~$8.60 per spread.
🎯 $Western Digital(WDC) Options Strategy: Short Iron Condor
$Western Digital(WDC)$ - Underlying: WDC - View: Neutral/Range-Bound Consolidation. Expecting the stock to trade between key support ($519) and resistance ($553) over the next week. - Strategy Type: Credit Spread / Non-Directional / High Probability Income - Option Contract Portfolio: - Sell 1x WDC 2026-06-12 540 Call @ $15.53 (Mid Price) - Buy 1x WDC 2026-06-12 545 Call @ $13.40 (Mid Price) - Sell 1x WDC 2026-06-12 515 Put @ $26.15 (Mid Price) - Buy 1x WDC 2026-06-12 510 Put @ $21.90 (Mid Price) - Max Gain & Loss: Max Gain = Net Credit Received ($6.38). Max Loss = Width of Spreads ($5) - Net Credit ($6.38) = -$1.38 (Theoretical, due to high premium). - Initial Cost/Credit: Initial Net Credit of ~$6.38 per condor.