My Premium Selling Watchlist – May 14

Took feedback from my last post and tightened things up a bit. Remember to check your own Options chains and make sure everything is legit. I am only sharing my thoughts here. Not telling anybody what to do. Here goes : **SNOW (Snowflake) – IV Rank 82 / IV Percentile 100** One of the richest premium-selling setups on the board. **Trade Setup:** • Iron Condor • Expiration: May 22 (8 DTE) • Put Side: 135/125 put spread • Call Side: 170/180 call spread • Width: $10 wide each side • Management: Close at 50% profit or before May 21 if untouched • Size Small: 1 contract preferred due to earnings volatility **BIDU (Baidu) – IV Rank 65 / IV Percentile 100** Elevated IV with bullish China macro tailwind. **Trade Setup:** • Bull Put Credit Spread • Expiration: May 22 (8 DTE) • Strike Idea: 118/112 put spread • Alternative: 115/107 if premium is thin • Width: $6-$7 wide • Management: Take profits at 50% max gain or cut at 2x credit received • Size Small: 1-2 contracts max