SPH

0DTE

1MO

Jul 18 Expected Move

Use the expected move for strike selection. Modify later.

Will SPH move up, down, or sideways?

Expiry • Jul 18

Bullish

Neutral

Range

Bearish

Down

Max Loss

Max Gain

PoP

+15P/-17.5P/-20C/+22.5C • Jul 18

Modify Strikes

Max Loss

Max Gain

PoP

+12.5P/-17.5C/-17.5P/+22.5C • Jul 18

Modify Strikes

Trade SPH's Expected Move of

10.28% • Jul 18

Average realized move (1D)

2.87%