· wheel strategy
Johnson & Johnson (JNJ) · wheel strategy $256.20
Day -1.0% · RSI 32 · Live · 15-min delayed · as of 10:55 AM ET
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IV rank · 1 year59
Year lowYear high
Implied vol 26%.
Sellers are paid the gap between implied and realized volatility. Cboe research puts the long-run S&P 500 gap near 4 points.
Fair valueNo fair value yet
No fair value yet for this stock. Add your own mark in Rules → Fair values, or wait for the engine's valuation run.
- Quality gates✓ Pass
- Under fair value–
- Market cap$617B
Next earningsOct 13Last ex-dividendAug 25
Closest put · nothing clears the default rules today
JNJ 230P · Nov 20
46 days · Δ0.12 · $1.56 mid · 5.4% annualized · 88% probability of profit
Score49
Market expects ±4.2% on earnings Oct 13; your strike is 10.2% away.(from the Oct 16 straddle)
IV rank5917.8 pts
Return245.9 pts
Liquidity334.9 pts
Safety659.7 pts
Timing7311.0 pts
Strike on the chart
Checklist
Value ?SizeRed dayOversoldSupport
ValueRequired rule, metRed daySignal on todaySupportAlmostOversoldNot today
- Under fair value (required rule)
- Position under limit (required rule)0.0% of account · required to stay under 5% ✓
- Big red day-1.0% today · lit at -2.0% or lower –
- OversoldRSI 32 · lit at 30 or under ◐
- Near support0% above support $255.12 · lit within 3% ✓
Live · 15-min delayed. Default rules, not yours.
Rule-based setup from your own filters in Wheelhouse Trader. Not a recommendation.
Score it with your own rules.
Score it with your own rules