SPX Campaign

#spxcampaign #optionsexpiration
$SPX 2750/2770/2850/2865

$SPX STO 6/5 2675/2700 BUPS at 2.25 Thank you @jeffcp66

UBER earnings

#Earnings $UBER reports its first earnings tomorrow after the bell. Expected move +/- 2.82 by Friday.

SPX

Just one trade today -#SPX1dte STO $SPX 2755/2770 5/29 BuPS @ 1.1 & Held to expiration.

Not a very comfortable day.

New VXX put debit spread

Bought $VXX 6/21 31/26 bear put spread @ 2.51. Breakeven in 24 days 28.49 with VXX currently at 29.81. Looking for 50% profit.

DG dub cal

#Earnings Bought to Open $DG May31/Jun07 118 #DoubleCalendar for .38 & .39.

JNJ July puts

Selling momentum seems to be slowing, showing some life on the intraday charts. Sold $JNJ 7/19 120 puts @ 1.23 with the stock at 130.09. Delta 18. Strike price below the 12/24/18 low.

AMZN put spread

Sold $AMZN 6/21 1750/1740 bull put spread @ 2.35. Short strike at 28 delta, and below the 200 day moving average.

TRADES:

GOOS STO 5/31/19 36.0 CALLS @.80 & .85 Expires in 2+ days
ANF STO 6/7/19 18.0 PUTS @.41 NTM
ANF STO 6/7/19 19.0 PUTS @.87 ITM

A bounce in oil?

Got pretty extended to the downside. Time to get back to fading the triple leveraged commodity ETFs.
Sold $DRIP 9/20 21 calls @ 1.55

DG earnings analysis

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

March 14, 2019 BO -7.49%
Dec. 4, 2018 BO -6.80%
Aug. 30, 2018 BO -0.97%
May 31, 2018 BO -9.36%
March 15, 2018 BO +4.75%
Dec. 7, 2017 BO +2.77%
Aug. 31, 2017 BO -5.43%
June 1, 2017 BO +6.54% Biggest UP
March 16, 2017 BO +0.53%
Dec. 1, 2016 BO -4.96%
Aug. 25, 2016 BO -17.62% Biggest DOWN
May 26, 2016 BO +4.61%

Avg (+ or -) 5.99%
Bias -2.79%, negative bias on earnings.

With stock at 119.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 112.81 to 125.19
Based on AVERAGE move over last 12 quarters: 111.88 to 126.12
Based on MAXIMUM move over last 12 Q’s (17.6%): 98.03 to 139.97
Based on UP Max only (+6.5%): 126.78

Open to requests for other symbols.