##### If you are very bullish on Janux Therapeutics Inc. (JANX)
###### When you decide to trade this stock as a Covered Call, you could receive a \$3,400 premium just for making it available, no matter what happens to the stock. But if the stock were to rise before expiration you could make a profit of \$10,750. This trade will also get you more than 8% worth of downside protection for your stock.
 Money on the Table: Potential Profit if Stock is Above Strike: Downside Protection: \$3,400 \$10,750 8%
##### If you are neutral on Janux Therapeutics Inc. (JANX)
###### When you decide to trade this stock as a Covered Call, you could receive a \$3,900 premium just for making it available, no matter what happens to the stock. But if the stock were to rise, you could make a profit of \$6,250. This trade will also get you more than 10% worth of downside protection for your stock.
 Money on the Table: Potential Profit if Stock is Above Strike: Downside Protection: \$3,900 \$6,250 10%
##### If you are more conservative on Janux Therapeutics Inc. (JANX)
###### When you decide to trade this more protective covered call that will generate \$7,500. If the stock stays the same or even drops up to 17%, you could make a profit of \$4,850. That's right, your stock is protected for up to a 17% drop.
 Money on the Table: Potential Profit if Stock is Above Strike: Downside Protection: \$7,500 \$4,850 17%