FB

Sold 1 FB 3/22/2019 170.00 Call @ 1.07.

MU DubDub Cal for earnings

BTO MU Mar22/29 36/36/44/44 put/put/call/call @.39
BTO MU Mar22/29 40 call cal @ .26
Max risk .65. Max potential profit 1.29
So far, MU is stuck after the announcement. Best possible scenario for the calendars.:-)
#dubdubcal

Disney Done Down?

Looking at today’s price action and feeling like the down move (at least in the short term) could be exhausted. Sold $DIS Apr 18 106/101 bull put spread for 1.07 with the stock at 109.21. Delta of the short puts is 32.

SLB

Sold SLB 4/12/2019 46.5 Covered Calls @ 0.30 replacing similar calls that expired last Friday.

TSLA

Sold TSLA 03/29/2019 315.00 Calls @ 0.40 against some old long Calls:

WSM earnings analysis

#Earnings — $WSM reports tonight. Below are details on earnings THIRTY-FOUR-day moves over the last 12 quarters, since the next available options are 29 days from expiry.

Thu 11/15/2018 AC -18.61% Biggest DOWN
Wed 08/22/2018 AC +4.62%
Wed 05/23/2018 AC +26.22% Biggest UP
Wed 03/14/2018 AC -9.19%
Thu 11/16/2017 AC +1.95%
Wed 08/23/2017 AC +15.20%
Wed 05/24/2017 AC -2.43%
Wed 03/15/2017 AC +11.99%
Thu 11/17/2016 AC +0.37%
Wed 08/24/2016 AC -6.61%
Wed 05/25/2016 AC -1.78%
Wed 03/16/2016 AC +0.38%

Avg (+ or -) 8.28%
Bias 1.84%, positive bias on earnings.

With stock at 57.50 the data suggests these ranges:
Based on current IV (expected move into APRIL EXPIRATION per TOS): 51.34 to 63.66
Based on AVERAGE move over last 12 quarters: 52.74 to 62.26
Based on MAXIMUM move over last 12 Q’s (26.2%): 42.42 to 72.58
Based on DOWN max only (-18.6%): 46.80

Open to requests for other symbols.

FB

Sold FB 03/29/2019 175.00 Calls @ 0.21 against old long Apr 200 calls left over from old diagonal spreads.
#DoubleDip