TZA

0DTE

1MO

Use the expected move for strike selection. Modify later.

Will TZA move up, down, or sideways?

Expiry • Jun 13

Bullish

Neutral

Range

Bearish

Down

Max Loss

Max Gain

PoP

+11P / -11.5P / -14.5C / +15C • Jun 13

Modify Strikes

Max Loss

Max Gain

PoP

+11P / -13C / -13P / +15C • Jun 13

Modify Strikes

Next Earnings

after close

Expected Move

Prior earnings moves

Average realized move (1D)

Date	1D Move	EPS	Estimated EPS	Revenue

Jun 13 Expected Move