Options Income Daily: MU, MRVL, NOK and More
Welcome to your Daily Income Opportunities from the Seller Dashboard. This section highlights short-term income opportunities from today’s options market. Each pick is evaluated based on annualized ROI, probability of expiring out-of-the-money, and premium yield from the Seller Dashboard.
IREN Largest Options Trade
A trader sold 4,250 contracts of $IREN Ltd (IREN.US)$ Sep 15, 2028 $110 Put at $65.67, collecting a total premium of $27.91M (cross order, bid-side, opening position).
Interpretation: Selling a deep ITM put (~72% above the current $64 price) with 840 days to expiration is an aggressively bullish, high-conviction bet on IREN's long-term recovery. The trader's breakeven at expiration is ~$44.33 ($110 − $65.67), meaning they profit as long as IREN stays above that level through September 2028. The $27.91M premium collected upfront signals strong conviction that IREN will hold or rebound significantly over the next two years.
Top Picks of the Day
Cash Secured Put
Potential Margin required: $5,000 ($50 × 100)
Premium received: $130.50
ROI for 21 days: 2.68% ($130.50 ÷ ($5,000 - 130.50))
Annualized Return: 45.84%
Breakeven: $48.695 ($50 - $1.305)
Probability of Profit: 81.19%
IREN signs $1.6 billion purchase agreement with Dell for Nvidia Blackwell systems.
Potential Margin required: $24,500 ($245 × 100)
Premium received: $620.00
ROI for 8 days: 2.60% ($620.00 ÷ ($24,500 - 620.00))
Annualized Return: 113.67%
Breakeven: $238.800 ($245 - $6.200)
Probability of Profit: 79.51%
Bloom Energy signs $2.6 billion fuel cell system deal with Nebius, with first project featuring 328MW capacity.
Potential Margin required: $17,750 ($177.5 × 100)
Premium received: $367.50
ROI for 1 days: 2.11% ($367.50 ÷ ($17,750 - 367.50))
Annualized Return: 577.29%
Breakeven: $173.825 ($177.5 - $3.675)
Probability of Profit: 78.47%
Multiple investment banks raise price targets for Marvell Technology following earnings, with Benchmark raising target from $130 to $275.
Potential Margin required: $15,500 ($155 × 100)
Premium received: $400.00
ROI for 1 days: 2.65% ($400.00 ÷ ($15,500 - 400.00))
Annualized Return: 723.32%
Breakeven: $151.000 ($155 - $4.000)
Probability of Profit: 78.16%
Snowflake reports better-than-expected Q1 results and signs $6 billion five-year infrastructure deal with Amazon AWS.
Covered Call
Buy 100 ASTS: $12,960 ($129.6 × 100)
Premium received: $285.50
ROI for 21 days: 2.25% ($285.50 ÷ ($19,000 - 285.50))
Annualized Return: 38.53%
Breakeven: $187.145 ($190 - $2.855)
Probability of Profit: 91.83%
AST SpaceMobile executive Scott Wisniewski sold 25,900 shares worth approximately $3.28 million.
Buy 100 NOK: $1,568 ($15.68 × 100)
Premium received: $38.00
ROI for 21 days: 2.48% ($38.00 ÷ ($2,000 - 38.00))
Annualized Return: 42.49%
Breakeven: $19.620 ($20 - $0.380)
Probability of Profit: 88.81%
Nokia executive Konstanty Owczarek increases stake by purchasing 37,405 shares at $15.99 per share.
Buy 100 RKLB: $15,023 ($150.23 × 100)
Premium received: $370.00
ROI for 21 days: 2.53% ($370.00 ÷ ($20,000 - 370.00))
Annualized Return: 43.20%
Breakeven: $196.300 ($200 - $3.700)
Probability of Profit: 88.26%
Rocket Lab passes system requirements review for Space Development Agency's missile-tracking satellite design, while executive plans to sell 60,900 shares.
Buy 100 MU: $92,841 ($928.41 × 100)
Premium received: $2362.50
ROI for 21 days: 2.61% ($2362.50 ÷ ($120,000 - 2362.50))
Annualized Return: 44.67%
Breakeven: $1176.375 ($1,200 - $23.625)
Probability of Profit: 86.78%
Micron Technology receives price target upgrades from multiple investment banks, with DA Davidson raising target from $1,000 to $1,500.
What cash secured put is
- You sell a put option on a stock you’re willing to own.
- You collect a premium upfront—your maximum profit if the option expires worthless.
- If the stock falls below the strike at expiration, you may be assigned and must buy 100 shares per contract at the strike price (effective cost = strike – premium).
- You keep enough cash to cover the potential purchase, hence “cash-secured.”
Typical uses:
- Income generation: earn regular premium income.
- Buying at a discount: get assigned shares at an effective lower price.
What covered call is
- You already own the stock and sell a call option against it (“covered”).
- You collect a premium upfront as income.
- If the stock stays below the strike, the call expires worthless and you keep both shares and premium.
- If the stock rises above the strike, you sell at that price (capping upside) but still keep the premium.
Typical uses:
- Income generation: earn option premiums while holding shares.
- Exit strategy: sell at a target price while generating extra income.
Strategy Notes
- Focus on higher probabilities for safer trades.
- Monitor implied volatility—higher IV means richer premiums but greater price swings.
Disclaimer: Options trading entails significant risk and is not appropriate for all customers. It is important that investors read the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Opening new options positions close to or on their expiration date comes with substantial risk of losses for reasons that include potential volatility of the underlying security and limited time to expiration. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period. Certain complex option strategies carry additional risk, including potential losses that may exceed the original investment amount. If applicable, supporting documentation for any claims will be furnished upon request.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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