Jeff 12:50 pm on Wednesday, January 16, 2019
Tags: DoubleCalendar ( 209 ), Earnings ( 3,108 )

MS and AA earnings calendars

#DoubleCalendar #Earnings Forgot about these earlier… just threw them on now.
Bought to Open $MS 18Jan/25Jan 45 double calendar for .334.
Bought to Open $AA 18Jan/25Jan 29 double calendar for .44

mortlightman 1:41 pm on Wednesday, January 16, 2019

Explain a Double Calendar? as I only see 1 side
- Jeff 1:48 pm on Wednesday, January 16, 2019
  
  These are the same trades Mama and I did last year. Pretty sure you followed on some of them.
  AA:
  Sell Jan 18th 29 put, buy Jan 25th 29 put
  Sell Jan 18th 29 call, buy Jan 25th 29 call
  
  IV will plummet on the Jan 18th options tomorrow, but premium will remain in Jan 25th options. So we can sell for profit, provided stock price does not move too far.
  - mortlightman 8:12 pm on Wednesday, January 16, 2019
    
    Yes now I remember, put in orders to follow
    Thanks, my old mind forgets easy