Consent de’CREE

#Earnings. I must consent that this trade failed.
Paid .01 to close $CREE 58.5 Aug23/Aug30 put calendar. Leaving call side to expire, and be a lottery ticket for next week. #DoubleCalendar bought Tuesday for .67.

SPX 1-dte

#SPX1dte Sold $SPX Apr 23rd 2840/2860-2965/2985 condors for 1.05, IV: 15.95%, SPX 2924.

GPS earnings analysis

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

May 30, 2019 AC -9.32%
Feb. 28, 2019 AC +16.18% Biggest UP
Nov. 20, 2018 AC +4.66%
Aug. 23, 2018 AC -8.60%
May 24, 2018 AC -14.56%
March 1, 2018 AC +7.82%
Nov. 16, 2017 AC +6.98%
Aug. 17, 2017 AC -0.13%
May 18, 2017 AC -3.92%
Feb. 23, 2017 AC +3.04%
Nov. 17, 2016 AC -16.60% Biggest DOWN
Aug. 18, 2016 AC +3.90%

Avg (+ or -) 7.98%
Bias -0.88%, negative bias on earnings.

With stock at 17.75 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 15.54 to 19.96
Based on AVERAGE one-day move over last 12 quarters: 16.33 to 19.17
Based on MAXIMUM one-day move over last 12 Q’s (16.6%): 14.80 to 20.70
Based on UP max only (+16.2%): 20.62

Open to requests for other symbols.

#shortstrangles

#earnings #closing SBUX July 25,…

#earnings #closing SBUX

July 25, sold a Sept 20, 85/97.50 strangle for 2.08. SBUX went almost to 100. Bought today for 1.76.

INTU dub cal

#Earnings Bought to open $INTU Aug23/Aug30 275 #DoubleCalendar for 1.69. Pretty good range of profitability: 262 to 288, or 4.7% either way.

INTU earnings analysis

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

May 23, 2019 AC +6.70% Biggest UP
Feb. 21, 2019 AC +6.76%
Nov. 19, 2018 AC -2.03%
Aug. 23, 2018 AC +1.96%
May 22, 2018 AC +2.98%
Feb. 22, 2018 AC -0.18%
Nov. 20, 2017 AC -3.79% Biggest DOWN
Aug. 22, 2017 AC -1.90%
May 23, 2017 AC +6.72%
Feb. 23, 2017 AC +6.05%
Nov. 17, 2016 AC +1.91%
Aug. 23, 2016 AC -3.50%

Avg (+ or -) 3.71%
Bias 1.81%, positive bias on earnings.

With stock at 275.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 260.65 to 289.35
Based on AVERAGE one-day move over last 12 quarters: 264.81 to 285.19
Based on MAXIMUM one-day move over last 12 Q’s (6.8%): 256.41 to 293.59
Based on DOWN max only (-3.8%): 264.58

Open to requests for other symbols.

FB

Bought to close FB 08/23/2019 190.00 Calls @ 0.01. Sold these 3 days ago @ 0.77