TZA

0DTE

1MO

Use the expected move for strike selection. Modify later.

Will TZA move up, down, or sideways?

Expiry • Oct 10

Bullish

Neutral

Range

Bearish

Down

Max Loss

Max Gain

PoP

+7P/-7.5P/-9.5C/+10C • Oct 10

Modify Strikes

Max Loss

Max Gain

PoP

+7P/-8.5C/-8.5P/+10C • Oct 10

Modify Strikes

Next Earnings

after close

Expected Move

Prior earnings moves

Average realized move (1D)

Date	1D Move	EPS	Estimated EPS	Revenue

Oct 10 Expected Move