01 — IWM · BEAR CALL SPREADS
Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.
Small-cap beta exposure with macro-sensitive implied volatility behavior.
02 — Live setups
Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.
| Spread | Expiration | Credit | Return ↓ | PoP |
|---|---|---|---|---|
$285 / $290 2.0% OTM · 5 wide | Nov 27 27 days | $175 $1.75 / share | 53.85% | 62% |
$287 / $292 2.8% OTM · 5 wide | Nov 27 27 days | $173 $1.73 / share | 52.91% | 68% |
$286 / $291 2.4% OTM · 5 wide | Nov 27 27 days | $156 $1.56 / share | 45.35% | 65% |
$287.5 / $292.5 2.9% OTM · 5 wide | Dec 4 34 days | $141 $1.41 / share | 39.28% | 66% |
$287.5 / $292.5 2.9% OTM · 5 wide | Nov 27 27 days | $137 $1.37 / share | 37.74% | 69% |
$286 / $291 2.4% OTM · 5 wide | Dec 4 34 days | $134 $1.34 / share | 36.61% | 63% |
$287 / $292 2.8% OTM · 5 wide | Dec 4 34 days | $134 $1.34 / share | 36.61% | 65% |
$288 / $293 3.1% OTM · 5 wide | Dec 4 34 days | $132 $1.32 / share | 35.87% | 68% |
$289 / $294 3.5% OTM · 5 wide | Dec 4 34 days | $131 $1.31 / share | 35.5% | 70% |
03 — Strategy
Moderately bearish or neutral traders seeking defined-risk credit income.
04 — By condition
05 — RUN IT LIVE
Alpha Hawk scans live chains and recommends setups based on current market conditions.
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