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.
NBIS wheel watch: $145 put keeps a 27.7% cushion into earnings
The September 18 $145 put showed an $8.75 reference credit and a 27.7% breakeven cushion at 11:55 a.m. ET. Nebius’s 684% Q1 revenue growth and rich premium meet an August 12 earnings gap and a 54×-56× sales valuation.
NBIS wheel watch: $160 put pays 8.27% with earnings inside
The September 18 $160 put carried a $13.23 reference credit and a 33.3% breakeven cushion. August 12 earnings sit inside the contract, and zero displayed early option volume makes limit discipline essential.
NBIS wheel watch: $140 put leaves a 38.4% cushion
The August 21 $140 put offered an $11.45 reference credit and a 38.4% breakeven cushion at 11:50 a.m. ET. NVIDIA’s 9.3% beneficial-ownership filing drove a sharp catalyst while 177.80% put IV signalled exceptional risk.