ServiceNow Trade Setup

Author: tastylive June 3, 2026 Duration: 3:34

ServiceNow is down almost while the market sits at all-time highs. That kind of divergence is exactly what options traders look for.

The trade: buy one 110 put, sell three 100 puts for a net credit of $190. That structure gives you a break-even near $95, right where the stock was trading just a few weeks ago. Probability of profit sits at 86% and theta decay runs at $10 a day. The only catch is buying power this one uses about $7,600. But buying a 75 put as a wing brings that down under $3,000 with almost no impact on the credit or the probability.

Option Trades Today

Every Tuesday and Thursday, Tony 'The BAT' Battista opens his playbook. This isn't about vague market theories; it's a direct look at the actionable opportunities he's watching right now. On Option Trades Today, you're getting exclusive trade ideas from an experienced voice, dissecting the mechanics of specific options strategies in real time. The conversation is focused and practical, rooted in the daily flow of the markets. Each episode breaks down the rationale behind a potential trade-the why, the how, and the what-if-giving you a clear window into a professional's thought process. Produced by tastylive, this podcast lives in the concrete world of Business and Investing, bypassing general advice for targeted analysis. It’s for anyone who wants to move beyond the basics and hear how complex market conditions are translated into defined plans. Tune in twice a week to follow along as Tony navigates volatility, identifies setups, and shares the detailed trade ideas that define his approach. The pace is deliberate, the content is specific, and the goal is to provide a substantive resource for your own market analysis.

Author: tastylive Language: English Episodes: 100

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