Stockato

NOW — Bull Put Spread

ServiceNow's -4.4% intraday pullback inflates put premiums while price holds firmly above both key moving averages — ideal conditions to sell a downside credit spread. Credit $180, max risk $320, m…

Price $114 vs SMA-20 $105 — 8.5% cushion above supportIntraday fear spike lifts put IV = richer creditWeekly options confirmed; IT sector watchlist name