#coveredcalls
$GOOS STO 4/5 49 call at .65
$BURL STO 4/5 155 call at 1.00
#shortputs
$OLED BTC 4/15 135/145 BUPS at .50 STO on 3/20 for 1.35
$NTNX STO 4/5 37.50 put at .65. Looking to acquire stock.
Daily Archives: Wednesday, April 3, 2019
SPX condor roll
#SPX1dte #VIXIndicator No upside warning today so I’m selling both sides:
Sold $SPX April 12th 2800/2825-2910/2935 condors for 6.30 (IV 11.82%, SPX 2875)
STZ
#ShortPuts – Just for something to do. Going out to April monthly….
Sold 1 STZ APR 18 2019 170.0 Put @ 2.20
Double Calendar Webinar recording
#Webinars #Earnings #DoubleCalendar Please include any questions in the comments below!
STZ double calendar
#Earnings #DoubleCalendar Bought to Open $STZ Apr05/Apr12 180 dbl cal for .78 & .80.
TRADE:
NTNX DAY TRADE MADE .10 PER CONTRACT ;>)
Taking profits on CAT
Bought to close $CAT 4/18 130/120 bull put spread for .43. Sold for 1.62 on 2/26.
Closing DIS
Bought to close $DIS 4/18 106/101 bull put spread for .30. Sold for 1.07 on 3/20.
A TRADE:
NTNX BTO STOCK @37.50 A day or swing trade.
Webinar on Double Calendars
Link for today’s webinar is below!
Topic: Double Calendars on Earnings
Time: Apr 3, 2019 11:00 AM Pacific Time (US and Canada)
Join Zoom Meeting
https://zoom.us/j/558920979
A TRADE:
AMD STO 4/5/19 31.5 NTM CALLS @.46
MarketTide
e
Still trying to buy with a discount so far no luck yet
TRADES:
SYNA STO 4/5/19 40.0 PUTS @.60 To buy stock a little cheaper.
NTNX STO 4/5/19 37.5 PUTS @.65 To buy stock etc.
#shortputspread VXXB Sold May 17,…
#shortputspread VXXB
Sold May 17, 21/26 for .98, bought the 21 just cuz
Webinar TODAY
#Webinar I’ll be holding a webinar later today on #DoubleCalendar earnings trades. It will be either live or recorded, depending on how smoothly I can get the software operating. Either way, it WILL be recorded for future viewing, so don’t worry if you miss it. Shooting for 2pm ET, 11am PT.
STZ earnings analysis
#Earnings $STZ reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Jan. 9, 2019 BO -12.41% Biggest DOWN
Oct. 4, 2018 BO +5.38%
June 29, 2018 BO -1.78%
March 29, 2018 BO +5.31%
Jan. 5, 2018 BO -0.21%
Oct. 5, 2017 BO +5.41%
June 29, 2017 BO +9.75%
April 6, 2017 BO +9.60%
Jan. 5, 2017 BO +0.47%
Oct. 5, 2016 BO +0.07%
June 30, 2016 BO +6.37%
April 6, 2016 BO +13.07% Biggest UP
Avg (+ or -) 5.82%
Bias 3.42%, strong positive bias on earnings.
With stock at 177.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 167.70 to 187.30
Based on AVERAGE move over last 12 quarters: 167.17 to 187.83
Based on MAXIMUM move over last 12 Q’s (13.1%): 154.30 to 200.70
Based on DOWN max only (-12.4%): 155.47
Open to requests for other symbols.
SPX 1-dte closed
#SPX1dte Closed Z$SPX Apr 3rd 2885/2895 all spreads for 1.60. Condors sold yesterday for 1.15, so .45 loss. Too tight with the low IV.
Options Bistro 