ServiceNow Put Write After OpenAI Deal Powers Enterprise AI
NOW trades at 127.2 after ServiceNow announces OpenAI collaboration. The deal embeds AI agents in business software. WSJ calls the three-year pact positive.
Earnings hit on 2026-02-04, 15 days out. IV stands at 48.02. Delta at -0.29. Theta at -0.15. Max return 3.12%.
Here is the put write: SELL -1 NOW 20 Feb 26 119.0 PUT Contract @3.72 LMT
Stock closes above 119 on expiration. Keep the premium.
Stock closes below 119 on expiration. Keep premium. Get assigned 100 shares at 119. Cost basis drops to 115.28.
Read full article for more put writes.
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