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Otis Worldwide Corporation (OTIS) · wheel strategy $64.94

Day +0.7% · RSI 31 · Live · 15-min delayed · as of 10:55 AM ET

IV rank · 1 year62
Year lowYear high

Implied vol 27%.

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$24B
Next earningsNov 4Last ex-dividendAug 14
Closest put · nothing clears the default rules today

OTIS 62.5P · Oct 16

11 days · Δ0.24 · $0.55 mid · 29.5% annualized · 80% probability of profit

Score48
IV rank6218.6 pts
Return7719.3 pts
Liquidity00.0 pts
Safety446.7 pts
Timing253.8 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+0.7% today · lit at -2.0% or lower –
  • OversoldRSI 31 · lit at 30 or under ◐
  • Near support2% above support $63.58 · 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