Options Income Daily: AAOI, MRVL, NOK, PL and More
by Monta HONG, CFA | Options Strategist
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.
AAOI Largest Options Trade
A trader sold 300 contracts of $Applied Optoelectronics (AAOI.US)$ Jul 17, 2026 $200 Call at approximately $36.33, collecting a total premium of $1.09M (bid-side, opening position). With AAOI up +11% to $196.64 on the day, the trade was placed slightly out-of-the-money with 39 days to expiration.
Selling calls at the bid into a sharp rally is a structurally bearish-to-neutral stance: the trader is either betting the rally is overdone and the stock will fail to hold above $200 through mid-July, or is willing to be assigned short at an effective cost basis of ~$236.33, a ~20.2% premium to spot. The 39-day tenor and elevated post-rally implied volatility make this a classic premium-harvesting setup, monetizing greed while expressing skeptical conviction on AAOI's near-term ceiling.
Top Picks of the Day
Cash Secured Put
Potential Margin required: $2,000 ($20 × 100)
Premium received: $50.00
ROI for 18 days: 2.56% ($50.00 ÷ ($2,000 - 50.00))
Annualized Return: 51.04%
Breakeven: $19.500 ($20 - $0.500)
Probability of Profit: 94.80%
Planet Labs reports Q1 revenue of $94.2 million beating estimates.
Potential Margin required: $19,000 ($190 × 100)
Premium received: $387.50
ROI for 4 days: 2.08% ($387.50 ÷ ($19,000 - 387.50))
Annualized Return: 175.23%
Breakeven: $186.125 ($190 - $3.875)
Probability of Profit: 88.60%
Nebius announces £1.7 billion investment to build three new AI data centers in the UK, reaching 65 MW capacity by 2027.
Potential Margin required: $22,000 ($220 × 100)
Premium received: $435.00
ROI for 4 days: 2.02% ($435.00 ÷ ($22,000 - 435.00))
Annualized Return: 169.77%
Breakeven: $215.650 ($220 - $4.350)
Probability of Profit: 87.84%
Bloom Energy is considered a potential candidate for S&P 500 quarterly rebalancing with a market cap of $74 billion.
Potential Margin required: $21,500 ($215 × 100)
Premium received: $512.50
ROI for 4 days: 2.44% ($512.50 ÷ ($21,500 - 512.50))
Annualized Return: 205.53%
Breakeven: $209.875 ($215 - $5.125)
Probability of Profit: 87.43%
Marvell Technology will be added to the S&P 500 index effective June 22.
Covered Call
Buy 100 AAOI: $17,700 ($177 × 100)
Premium received: $385.00
ROI for 18 days: 2.22% ($385.00 ÷ ($30,000 - 385.00))
Annualized Return: 44.26%
Breakeven: $296.150 ($300 - $3.850)
Probability of Profit: 95.55%
Applied Optoelectronics shareholders approve 2026 equity incentive plan authorizing 2.5 million additional shares for employee compensation.
Buy 100 CRDO: $20,689 ($206.89 × 100)
Premium received: $495.00
ROI for 10 days: 2.45% ($495.00 ÷ ($26,000 - 495.00))
Annualized Return: 86.56%
Breakeven: $255.050 ($260 - $4.950)
Probability of Profit: 89.08%
Credo Technology executive William Joseph Brennan plans to sell 55,000 shares worth approximately $11.38 million.
Buy 100 NOK: $1,438 ($14.38 × 100)
Premium received: $28.50
ROI for 18 days: 2.02% ($28.50 ÷ ($1,800 - 28.50))
Annualized Return: 40.25%
Breakeven: $17.715 ($18 - $0.285)
Probability of Profit: 89.01%
Nokia issues €500 million notes due 2032.
Buy 100 SATS: $11,628 ($116.28 × 100)
Premium received: $332.50
ROI for 10 days: 2.94% ($332.50 ÷ ($14,500 - 332.50))
Annualized Return: 103.94%
Breakeven: $141.675 ($145 - $3.325)
Probability of Profit: 89.00%
EchoStar missed $183 million bond interest payment and executive filed to sell shares.
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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