Covered Calls NFLX TNDM EVTC / Short Puts WK

#coveredcalls
$TNDM STO 3/15 65 calls at 2.25 It can’t keep going up can it?
$NFLX STO 3/1 370 call at 2.60
$EVTC STO 3/15 30 call at .30

#shortputs
$WK STO 3/15 50 put at 1.70 Trying to build a position at a discount

GPS #earnings This one is…

GPS #earnings
This one is going to hurt anyone with short calls…

REALLY LAST TRADE: ;>)

OSTK STO 3/1/19 21.0 CALLS @.70 Expires tomorrow.

LAST TRADE:

OSTK STO 3/1/19 18.5 PUTS @.65 Expires tomorrow.

ADSK Earnings

#JadeLizard – This thing can go anywhere. If it tanks I’ll get the stock around the 50ma. No upside risk…

Sold ADSK MAR 1 2019 150.0/170.0/172.5 Jade Lizard @ 3.25

VMW earnings analysis

#Earnings — $VMW reports tonight. Below are details on earnings one-day moves over the last 12 quarters.

Nov. 29, 2018 AC +3.62%
Aug. 23, 2018 AC -2.19%
May 31, 2018 AC +6.14%
March 1, 2018 AC -5.91%
Nov. 30, 2017 AC +3.60%
Aug. 24, 2017 AC +1.89%
June 1, 2017 AC -2.09%
Jan. 26, 2017 AC +3.49%
Oct. 26, 2016 AC +3.35%
July 18, 2016 AC +9.04%
April 19, 2016 AC +13.73% Biggest UP
Jan. 26, 2016 AC -9.82% Biggest DOWN

Avg (+ or -) 5.41%
Bias 2.07%, strong positive bias on earnings.

With stock at 173.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 163.23 to 182.77
Based on AVERAGE move over last 12 quarters: 163.65 to 182.35
Based on MAXIMUM move over last 12 Q’s (13.7%): 149.25 to 196.75

Open to requests for other symbols.

#doublecalendar

SQ Earnings

#Earnings – Nice bounce today. I’ll take the small winner and move along…

Bought to Close SQ MAR 1 2019 83.0/78.0 Bull Put Spread @ 1.65 (sold for 2.76)