· wheel strategy
NetApp, Inc. (NTAP) · wheel strategy $229.00
Day +6.5% · RSI 76 · Live · 15-min delayed · as of 10:55 AM ET
← All tickers
IV rank · 1 year54
Year lowYear high
Implied vol 49%.
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$44B
Next earningsNov 24Next ex-dividendOct 9
Closest put · nothing clears the default rules today
NTAP 200P · Nov 20
46 days · Δ0.21 · $6.00 mid · 24.5% annualized · 78% probability of profit
Score49
IV rank5416.1 pts
Return7117.7 pts
Liquidity00.0 pts
Safety568.4 pts
Timing487.3 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+6.5% today · lit at -2.0% or lower –
- OversoldRSI 76 · lit at 30 or under –
- Near support30% above support $161.00 · 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