ROKU UVXY

#ShortPuts #DiagonalBearCallSpreads – A couple little ones…

Bought to Close ROKU APR 26 2019 50.0 Put @ .05 (sold for 1.35)

Sold UVXY MAY 10 2019 37.5 Calls @ 1.05

Sell Calls NFLX HIIQ WK / Rolling TNDM Puts and Calls / Close Early SPX

#coveredcalls
$NFLX STO 4/26 382.5 calls at 1.75 Stock at 377.37
$HIIQ STO 4/26 30 calls at 1.30 and 1.20. Stock at 24.85. Assigned a bunch of these on put assignment
$WK STO 5/17 55 call at 1.20 Stock at 49.91

Rolling
#shortputs
$TNDM BTC 4/26 68.50 puts and STO 5/3 68.50 puts at .80 credits. Earnings 4/30 Have to watch closely.
#shortcalls
$TNDM BTC 4/26 66 calls and STO 5/3 64 calls at .10 debit. Earnings 4/30 These are covered. Stock currently at 56.76.

#spxcampaign
$SPX BTC 4/24 2875/2900 BUPS at $4.00. STO 4/16 for 5.50.Thank you @jeffcp66

SPX 4-dte

#SPX1dte I am tempting the market to do something. I hope it doesn’t.
Sold $SPX Apr 26th 2850/2875/2930/2955 condors for 4.75.

Expiring today: Apr 22nd 2855/2875/2930/2945 condors, sold Thursday for .80

A TRADE:

AMD STO 4/26/19 28.0 ITM PUTS @.50 Also have the short 28.0 CALLS covered.

WHR puts

Sold $WHR Jun 21 120 puts @ 1.80. Earnings after the bell today. Strike is around 1 standard deviation away. If assigned, basis will be 118.20, 15% lower than the current price. Dividend yield at that level would be 4%. More realistically thought, I’m looking for a volatility contraction after tonight’s earnings report and if there’s a move within the expected range, I’ll take profits quickly.

TWTR straddle

#Earnings Bought to Open $TWTR Apr 26th 34 #LongStraddle for 3.64.

Stock has an average move of 12.1%. I need a 10.7% move to hit breakeven points. Only 4 out of the last 12 moves were less than 10%.

#earnings WHR Sold May 17,…

#earnings WHR

Sold May 17, 120/160 strangle for 1.42, right at the max moves, thanks Jeff.

LMT earnings trade & analysis

#Earnings Bought to Open $LMT Apr26/May03 315 #DoubleCalendar for .76 and .77

$LMT reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.

Jan. 29, 2019 BO +1.45%
Oct. 23, 2018 BO -1.66%
July 24, 2018 BO +1.33%
April 24, 2018 BO -6.16% Biggest DOWN
Jan. 29, 2018 BO +1.89%
Oct. 24, 2017 BO -2.36%
July 18, 2017 BO -0.58%
April 25, 2017 BO -2.24%
Jan. 24, 2017 BO -1.77%
Oct. 25, 2016 BO +7.36% Biggest UP
July 19, 2016 BO +1.04%
April 26, 2016 BO +2.58%

Avg (+ or -) 2.54%
Bias 0.07%, no significant bias on earnings.

With stock at 315.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 302.98 to 327.02
Based on AVERAGE move over last 12 quarters: 307.01 to 322.99
Based on MAXIMUM move over last 12 Q’s (7.4%): 291.82 to 338.18
Based on DOWN max only (-6.2%): 295.60

Open to requests for other symbols.

#earnings TWTR Sold May 17,…

#earnings TWTR
Sold May 17, 30/39 strangle for 1.00, thanks for the data Jeff.

#coveredcallcampaign AA, AXL, X, LB,…

#coveredcallcampaign AA, AXL, X, LB, ARLO

Selling calls (AXL is a covered put), May 17, couple more to get filled.