Wheel tactics, straight from the desk
Hands-on playbooks for premium sellers: expirations, position sizing, rolling and repair — with concrete numbers, not vibes. Free while we build out the library.
HOOD wheel watch: $85 put leaves a 13.0% cushion
The September 18 $85 put showed a $2.95 reference credit and a 13.0% breakeven cushion at 11:53 a.m. ET. HOOD remains below every major average and contract IV is below its three-month norm, so the income comes with real stock risk.
HOOD wheel watch: $80 put pays 3.76% in 43 days
The September 18 $80 put showed a $3.01 reference credit and a 16.0% breakeven cushion at 11:56 a.m. ET. HOOD is below all three major averages and trades above two financial-platform peers, so the premium does not remove stock risk.
HOOD wheel watch: $80 put leaves a 23.7% cushion
The August 21 $80 put offered a $2.35 reference credit and a 23.7% breakeven cushion at 11:56 a.m. ET. Estimated July 29 earnings and a 37.8×–48.3× forward-P/E range keep the downside risk real.