· wheel strategy
Shake Shack, Inc. (SHAK) · wheel strategy $60.98
Day +1.3% · RSI 49 · Live · 15-min delayed · as of 10:55 AM ET
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IV rank · 1 year67
Year lowYear high
Implied vol 54%.
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$2B
Next earningsOct 29Last ex-dividendJan 1
Closest put · nothing clears the default rules today
SHAK 50P · Nov 13
39 days · Δ0.17 · $1.63 mid · 31.5% annualized · 80% probability of profit
Score52
Market expects ±11.1% on earnings Oct 29; your strike is 18.0% away.(from the Oct 30 straddle)
IV rank6720.0 pts
Return7919.8 pts
Liquidity00.0 pts
Safety416.1 pts
Timing406.0 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+1.3% today · lit at -2.0% or lower –
- OversoldRSI 49 · lit at 30 or under –
- Near support10% above support $54.73 · 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