IWM

0DTE

1MO

May 22 Expected Move

Use the expected move for strike selection. Modify later.

Will IWM move up, down, or sideways?

Expiry • May 22

Bullish

Neutral

Range

Bearish

Down

Max Loss

Max Gain

PoP

+277C • May 22

Modify Strikes

Max Loss

Max Gain

PoP

+277C/-290C • May 22

Modify Strikes

Max Loss

Max Gain

PoP

+263P/-264P • May 22

Modify Strikes

Max Loss

Max Gain

PoP

+275C/-290C/-290C/+305C • May 22

Modify Strikes

Next Earnings

after close

Expected Move

Prior earnings moves

Average realized move (1D)

Date	1D Move	EPS	Estimated EPS	Revenue