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HON BWB (Put)

BULLISH Expiry 2026-04-17 · 6 DTE Spot $235.50
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Trade Metrics
Max Profit $166 per contract
Max Loss $7334 defined risk
Net Credit $1.66 collected upfront
Win Rate 81% probability of profit
Reward : Risk 0.02× credit / max loss
Trade Legs
Each leg represents one options contract. Sell legs collect premium; buy legs define your risk boundary.
ActionTypeStrikeBidAskMidDeltaIV
BUY PUT $212.5 $0.07 $1.17 $0.62 -0.076 —
SELL PUT $230 $1.12 $1.37 $1.25 -0.244 —
SELL CALL $242.5 $0.23 $0.68 $0.46 0.143 —
BUY CALL $252.5 $0.00 $1.33 $0.67 0.247 —
Gamma Wall Analysis
Where market makers hedge — the stock tends to stay between these walls.
Put Wall$210
Call Wall$240
Band Width12.7%
Confidence45%
Technical Snapshot
Key indicators for timing and direction confirmation.
RSI (14)64.4Neutral
TrendNeutral
ATM IV31.3%
VolatilityNormal
Bollinger Bands
Upper$237.09
Middle$228.05
Lower$219.00
Support & Resistance
Support$221.50
Resistance$248.04
SMA 50$234.81Below
SMA 100$217.92Above
AI Insight

HON BWB (Put) $1.66 0.02× R/R · 81% PoP — bullish bias

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Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Options trading involves significant risk and is not suitable for all investors. Past performance does not guarantee future results. Always do your own research and consult a licensed financial advisor before making trading decisions.