Block Put Write: Collect Premium Ahead of Earnings Surge

Block (XYZ) trades at 59.71. Analysts see 37% upside. Restaurants switch to Square for better tools. Stock hit by fintech jitters but demand stays strong.

XYZ put write expires near earnings in 5 days.

SELL -1 XYZ 24 Apr 26 54.0 PUT Contract @1.61 LMT

Stock closes above 54 on expiration. Keep full 1.61 premium.

Stock closes below 54 on expiration. Keep premium. Assigned 100 shares at 54. Cost basis 52.39.

Trade stats: Win Rate 100.0%. 3 trades. IV 53.91. Delta -0.24. Theta -0.08. Max Return 2.99%.

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