Thanks for the great Halloween…

Thanks for the great Halloween backgrounds Jeff. Peanuts/Great Pumpkin brings back memories!

#earnings #shortstraddle #longputs TEVA DENN…

#earnings #shortstraddle #longputs TEVA DENN
TEVA Sold Nov. 16, 20 straddle for 2.55
DENN bought Nov. 16, 17.50 put for .55

Had to hit the road, no fill on W, trading from I80 tomorrow maybe.

CI and W DubCals

Added a couple last-minute double calendars right before the close.
Bot CI Nov2/Nov9 212.5 double calendar @ 2.4. GTC order to sell @ 3.2
Bit W Nov2/Nov9 111 double calendar @ 2.3. GTC order to sell 3.5

#doublecalendar

PVTL covered calls

#Earnings Got assigned this stock with cost basis of 20.35.

Sold $PVTL Nov 16th 21 covered calls for .70

FB double calendar

Sold FB Nov2/9 144 double calendar @ 1.68. Bot ydy @ 1.51. Could have made more but thought the price would fall a lot more after the open.

#doublecalendar

SSO TNA TQQQ pie trades

I’m switching to a less active trading style starting next week due to family obligations. Here’s my second attempt at pie trades which I think are probably more profitable than all the daily scrambling that I do.

STO SSO Nov9 110p @ 2.60
STO TNA Nov9 61.5p @ 2.70
STO TQQQ Nov9 52p @ 2.60
I don’t mind at all if I get assigned any or all of these. My goal is to start building a portfolio of these ETFs at cheap prices.

#pietrades

TEVA earnings

#Earnings #ironFlies – Can’t help myself. Threw it out there and let it sit and finally got filled. Risk 33 to make 117. 1.50 wide on a 1.83 expected move.

Sold TEVA NOV 2 2018 18.5/20.0/21.5 Iron Flies @ 1.17

TEVA earnings analysis

#Earnings
At @thomberg1201‘s request:

$TEVA reports in the morning. Below are details on earnings 1-day moves over the last 12 quarters.

Aug. 2, 2018 BO -9.46%
May 3, 2018 BO -4.40%
Feb. 8, 2018 BO -10.59%
Nov. 2, 2017 BO -19.90%
Aug. 3, 2017 BO -24.00% Biggest DOWN
May 11, 2017 BO 2.04%
Feb. 13, 2017 BO 5.62% Biggest UP
Nov. 15, 2016 BO -8.35%
Aug. 4, 2016 BO 3.50%
May 9, 2016 BO 5.05%
Feb. 11, 2016 BO -4.97%
Oct. 29, 2015 BO -3.38%

Avg + or – 8.44%
Bias -5.74%, strong negative bias on earnings.

With stock at 20.15, the data suggests these ranges.
Based on current IV (expected move per TOS): 18.11 to 22.19
Based on AVERAGE move over last 12 quarters: 18.45 to 21.85
Based on MAXIMUM move over last 12 Q’s (24%): 15.31 to 24.99

Open for requests on other symbols.

#shortstraddle

Indices all up

RUT lagging at 1%
Dow 1.75%
SPX 2%
NDX leading at over 3%

VIX down 11%, approaching 20.

SPX call spread

Sold $SPX Nov 2 (this Friday) 2790/2815 bear call spread for 1.10 earlier this morning. Looks like you might be able to do a bit better now.