geewhiz112 6:55 am on Monday, July 24, 2017
Tags: EarningsTrade ( 39 ), SPXcampaign ( 2,265 )

GOOGL EARNINGS and SPX Campaign

#earningstrade
$GOOGL STO 7/28 927.5/937.5/1017.5/1007.5 Iron Condor @4.74

#spxcampaign
$SPX STO 7/31 2425/2450 BUPS @1.80
$SPX STO 8/2 2425/2450 BUPS @2.60

Jeff 7:05 am on Monday, July 24, 2017

Your earnings trade looks to lean bearish, with only 13 points to short call and over 50 to short put. Are you thinking it won’t bust through 1000 meaningfully?
- geewhiz112 11:06 am on Monday, July 24, 2017
  
  $GOOGL is less bouncy than $AMZN. so I leaned to a slight bearish move.
  
  Good luck on our trades.
  - Jeff 1:09 pm on Monday, July 24, 2017
    
    4:08 pm ET… Good call so far!
    - geewhiz112 1:59 pm on Monday, July 24, 2017
      
      Thanks for the update. As you noted what looks good on Monday evening could be a lot different on Friday. My plan is to close the position rather quickly. I had an interesting ride during the $AZO earnings last quarter. Don’t have enough Dramamine to repeat the experience.
      
      Thanks @jeffcp66 and here’s to a profitable earnings season.

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