🎯 $Intuit Inc. (INTU) Options Strategy: Bull Put Spread (Credit Spread)

DailyOptions999
07-14 14:10

$Intuit(INTU)$

- Underlying: INTU

- View: Cautiously Bullish / Short-term oversold bounce. We expect the stock to consolidate or move higher from the $289.76 close, respecting the $275 support and targeting $300.

- Strategy Type: Credit Spread / Bullish

- Option Contract Portfolio:

- Sell 1 INTU Put @ $280 Strike (Exp: 2026-07-24)

- Buy 1 INTU Put @ $275 Strike (Exp: 2026-07-24)

- Max Gain & Loss: Max Gain = Net Credit Received ($6.60 - $5.50 = ~$1.10 per spread). Max Loss = Width of Spread ($5) - Net Credit = ~$3.90 per spread.

- Initial Cost/Credit: Initial Net Credit of ~$1.10 per spread.

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