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State Street SPDR S&P 500 ETF Trust (SPY) · wheel strategy $769.64

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

IV rank · 1 year31
Year lowYear high

Implied vol 15%.

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$0B
Next earningsNot setLast ex-dividendSep 18
Closest put · nothing clears the default rules today

SPY 705P · Nov 20

46 days · Δ0.10 · $2.75 mid · 3.1% annualized · 90% probability of profit

Score47
IV rank319.4 pts
Return143.6 pts
Liquidity609.0 pts
Safety10015.0 pts
Timing659.8 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 55 · lit at 30 or under –
  • Near support3% above support $749.60 · 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