Pulling Premium From Atlassian Options Before Earnings
TEAM stock trades at 148.25 with IV at 50.04. Recent news shows positive sentiment from Zacks articles comparing it to competitors.
Here is the put write: SELL -1 TEAM 26 Dec 25 135.0 PUT Contract at 3.59 LMT.
If stock closes above 135 on expiration, keep the premium.
If stock closes below 135 on expiration, keep the premium and get assigned 100 shares at the price of 135.
Trade stats show win rate of 100.0 from 3 trades, delta at -0.25, theta at -0.17, and max return of 2.66 percent.
Read the full article for more on today's put writes.