01 — SPY · CASH-SECURED PUTS
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.
Deep liquidity and broad macro sensitivity, useful for probability-based structures.
02 — Live setups
Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.
| Strike | Expiration | Credit | Return ↓ | PoP |
|---|---|---|---|---|
$747 1.1% OTM | Dec 4 34 days | $1215 $12.15 / share | 1.61% | 62% |
$747 1.1% OTM | Nov 27 27 days | $1170 $11.70 / share | 1.55% | 63% |
$748 1.0% OTM | Nov 27 27 days | $1167 $11.67 / share | 1.54% | 62% |
$744 1.6% OTM | Dec 4 34 days | $1165 $11.65 / share | 1.54% | 65% |
$741 1.9% OTM | Dec 4 34 days | $1104 $11.04 / share | 1.46% | 67% |
$749 0.9% OTM | Nov 30 30 days | $1096 $10.96 / share | 1.45% | 60% |
$743 1.7% OTM | Dec 4 34 days | $1088 $10.88 / share | 1.44% | 66% |
$747 1.1% OTM | Nov 30 30 days | $1066 $10.66 / share | 1.41% | 63% |
$745 1.4% OTM | Dec 4 34 days | $1011 $10.11 / share | 1.34% | 64% |
03 — Strategy
Income-focused traders comfortable owning shares if assigned.
04 — By condition
05 — RUN IT LIVE
Alpha Hawk scans live chains and recommends setups based on current market conditions.
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