#earnings #shortstrangles WB Sold Dec….

#earnings #shortstrangles WB
Sold Dec. 21, 45/75 for 1.45, thanks for the data Jeff.

Sold more Z

#Earnings #Assignment Sold more $Z stock at 33.50. Assigned with cost basis of 32.55.

LABU

Rolled my 55 calls out to January 18, 63 calls for a credit of .90 cents. I get my .15 cents per week and a better strike price. I still have to roll the December 14 calls,  to January 18 calls.

REGN

#ShortCalls #BullPutSpreads – Still selling against Jan 2021 ITM bull put spreads to reduce basis if I eventually end up with the stock.

Sold 1 REGN DEC 14 2018 380.0 Call @ 2.55

WB earnings analysis

#Earnings $WB reports tomorrow morning. Below are details on earnings 1-day moves over the last 12 quarters.

Aug. 8, 2018 BO -4.04%
May 9, 2018 BO -14.19%
Feb. 13, 2018 BO 9.59%
Nov. 7, 2017 BO 0.07%
Aug. 9, 2017 BO 1.12%
May 16, 2017 BO 24.96% Biggest UP
Feb. 22, 2017 AC -16.01% Biggest DOWN
Nov. 21, 2016 AC 7.34%
Aug. 8, 2016 AC 12.48%
May 11, 2016 AC -1.12%
March 2, 2016 AC 9.48%
Nov. 18, 2015 AC 1.98%

Avg (+ or -) 8.53%
Bias 2.64%, positive bias on earnings.

With stock at 59.00 the data suggests these ranges.
Based on current IV (expected move per TOS): 52.46 to 65.54
Based on AVERAGE move over last 12 quarters: 53.97 to 64.03
Based on MAXIMUM move over last 12 Q’s (25.0%): 44.27 to 73.73

Open for requests on other symbols.

#coveredcalls AXDX Sold Dec. 21,…

#coveredcalls AXDX

Sold Dec. 21, 12.50 call for 1.30, stock at 13.00. I was assigned shares with a cost basis of 20.

#shortputs #pietrades ORCL Sold Dec….

#shortputs #pietrades ORCL

Sold Dec. 21, 46 put for 1.01, earnings Dec. 12.