ESNT Profit Protection
RSI: 51Current Price: $62.92
Why Protect ESNT Now?
RSI above 70 historically signals mean reversion risk
Trading near moving average support
Recent weakness - protection provides floor
3 Protection Strategies
Covered Call
Generate income - caps upside but cushions downside
Generate income by capping upside at $75.00
| Action | Type | Strike | Premium |
|---|---|---|---|
| SELL | CALL | $75.00 | $4.80 |
P&L Comparison (100 Shares)
See how each protection strategy performs compared to holding unhedged shares.
| Scenario | No Protection | Covered Call |
|---|---|---|
| Stock -20% ($50) | $-1258 | $-778 |
| Unchanged ($63) | $0 | +$480 |
| Stock +20% ($76) | +$1258 | +$1688 |
P&L calculated at expiry. Actual results may vary based on time decay and IV changes.
Want custom strike selection?
Use our Options Profit Calculator to model any protection strategy with your preferred strikes and expiry dates.