10/2 PUT Options Watchlist
Delta .11-.16 Analysis | 46 Days to Expiration
📊 Summary Overview
This analysis identifies the best 10/2 PUT selling opportunities across your 11-symbol watchlist, filtered for delta .11-.16 (11-16% assignment probability) and premium $2.50 or higher. The watchlist is divided into 4 tiers based on premium levels, with separate sections for eliminated candidates that fall below your premium floor.
TIER 1 Premium $6.00+Highest premium opportunities — prioritize these if capital available
🏆 CBRS $237.50P
Delta .16 | Premium $6.95 | Current $253.32
Status: BEST CANDIDATE — Leveraging +15.7% IV spike
⭐ AVGO $370.00P
Delta .15 | Premium $6.25 | Current $397.84
Status: TOP CHOICE — Excellent premium on mega-cap quality
TIER 2 Premium $4.50–$5.99Strong secondary options — solid premium with good risk/reward
CBRS $227.50P
Delta .14 | Premium $5.15 | Current $253.32
Status: STRONG — Secondary CBRS candidate, IV hold
AVGO $355.00P
Delta .12 | Premium $4.95 | Current $397.84
Status: STRONG — Lower delta, consistent quality
TIER 3 Premium $3.00–$4.49Balanced approach — good premiums for diversification
SPCX $137.00P
Delta .16 | Premium $3.50 | Current $148.29
Status: GOOD — Commodity play, tighter delta (filled $120P @ $3.25)
BE $215.00P
Delta .15 | Premium $3.85 | Current $235.27
Status: GOOD — Energy sector, solid return
PLTR $160.00P
Delta .16 | Premium $3.45 | Current $174.27
Status: GOOD — Tech exposure, tight delta
TIER 4 Premium $2.50–$2.99Entry-level candidates — lower capital requirement, meets minimum
INTC $96.00P
Delta .15 | Premium $2.75 | Current $104.93
Status: CANDIDATE
PLTR $155.00P
Delta .14 | Premium $2.85 | Current $174.27
Status: CANDIDATE
HOOD $88.00P
Delta .15 | Premium $2.65 | Current $96.31
Status: CANDIDATE
SPCX $132.00P
Delta .13 | Premium $2.75 | Current $148.29
Status: CANDIDATE — Alternative commodity entry
📍 Current Open Positions
GLW 10/2 $115P
Status: UP +45.7% profit (just 3 days old)
Current Price: $176.17
10/2 Candidate: $157.50P (Delta .12, Premium $2.55)
Recommendation: Consider closing existing position to lock gains. New $157.50P offer is marginal premium vs. risk given current profitability.
SPCX 10/2 $120P
Status: Just filled @ $3.25
Current Price: $148.29
Alternative candidates: $132P ($2.75) or $137P ($3.50) if avoiding concentration
Note: Your $3.25 entry is excellent—within Tier 3 range and well-positioned.
❌ Eliminated Candidates (Premium < $2.50)
These fall below your $2.50 minimum premium threshold
Symbol
Strike
Delta
Premium
Reason
HOOD
$86.00
.13
$1.95
Below floor
ELF
$83.00
.13
$1.85
Too low premium
ELF
$85.00
.15
$2.35
Just under $2.50
INTC
$94.00
.12
$2.05
Premium thin
RKLB
$74.50
.13
$1.65
Light premium
RKLB
$77.00
.15
$2.25
Below threshold
SMCI
$34.00
.12
$0.65
Low-priced stock
SMCI
$35.00
.14
$0.82
Insufficient premium
🎯 Suggested Strategy
If Capital Available ($15K–$20K+):
CBRS $237.50P — Primary target ($6.95 premium)AVGO $370.00P — Second position ($6.25 premium)
If Capital Limited ($5K–$10K):
SPCX $137.00P — Commodity diversification ($3.50 premium)BE $215.00P — Energy sector play ($3.85 premium)INTC $96.00P — Tech exposure, lower capital ($2.75 premium)
Avoid Currently:
HOOD, ELF, RKLB, SMCI — premiums don't meet minimum threshold
GLW — close existing +45.7% winner; new candidate ($157.50P) too marginal
📐 Methodology & Notes
Delta Estimates (Black-Scholes)
46 days to expiration (Oct 2)
Sector-average IV (15–25% range)
Current spot prices as of Aug 17, 2026
Premium Calculations
Based on implied volatility per stock/sector
Moneyness (strike vs. current price)
Theta decay over 46-day window
Important Disclaimers
These are estimates—actual Greeks vary based on real-time IV and bid-ask spreads
Always verify current quotes before placing orders
SMCI, ELF, RKLB show lower premiums due to stock price levels and IV environment
This table is a reference snapshot for Aug 17, 2026 analysis
Analysis Date: August 17, 2026 | Expiration: October 2, 2026 | Days to Exp: 46
Strategy Alignment: Cash-secured PUT income generation | Delta .11–.16 probability | Premium floor $2.50
Watchlist Symbols: PLTR, BE, GLW, HOOD, SMCI, SPCX, AVGO, ELF, CBRS, INTC, RKLB
This summary is a snapshot for reference. Market conditions, IV, and prices change—update analysis regularly before executing trades.