Gains in smaller-cap names outpaced mega-cap techs as markets digest mixed signals. That rotation may underpin a preference among some option traders to reduce short-premium risk on high-vol tech names while favoring broader exposure.

---

📊 DHR → 12/19 $220 PUT

Metric	Value
Δ	-0.23
Premium	$1.85
IV	30
Return	0.84%
AY	20%
PoP	79%
Spread	8%
Cushion	4%
RSI	62
ADX	36
Collateral	$22k
MLABS Score	65.6

---

📊 ATI → 1/16 $92.5 PUT

Metric	Value
Δ	-0.29
Premium	$2.45
IV	40
Return	2.65%
AY	22%
PoP	73%
Spread	10%
Cushion	6%
RSI	56
ADX	21
Collateral	$9.2k
MLABS Score	58.0

---

📊 GE → 12/19 $280 PUT

Metric	Value
Δ	-0.30
Premium	$3.50
IV	29
Return	1.25%
AY	30%
PoP	75%
Spread	10%
Cushion	3%
RSI	40
ADX	18
Collateral	$28k
MLABS Score	50.5