June'25 180 call has a premium of 53 today.
1: If IWM reaches 270 anytime before June, you make 80% profit or more
2: If our projection is wrong, and IWM turns around and continue its bear trend, it is as if we bought IWM at $233 with max loss of $53 per share in worst case. You still have a choice to own stock outright if you want
