SMH

0DTE

1MO

Use the expected move for strike selection. Modify later.

Will SMH move up, down, or sideways?

Expiry • Jun 20

Bullish

Neutral

Range

Bearish

Down

Max Loss

Max Gain

PoP

+242.5P • Jun 20

Modify Strikes

Max Loss

Max Gain

PoP

-222.5P / +242.5P • Jun 20

Modify Strikes

Max Loss

Max Gain

PoP

-260C / +262.5C • Jun 20

Modify Strikes

Next Earnings

after close

Expected Move

Prior earnings moves

Average realized move (1D)

Date	1D Move	EPS	Estimated EPS	Revenue

Jun 20 Expected Move