Jeff 1:04 pm on Wednesday, September 4, 2019
Tags: SPX1dte ( 1,714 )

SPX 1dte stopped

#SPX1dte Bought to close $SPX Sept 4th 2935 calls for 2.50, a couple minutes before the close. Condors sold for 1.60 yesterday.

Also, after the bell: Sold $SPX Sept 11th 2825/2845-2995/3015 condors for 2.20.

Ramie 12:56 pm on Wednesday, September 4, 2019

Closing some pre-split DRIP

Back in May, before the 1:5 reverse split I sold some Sep 105 calls (which are now DRIP1 9/20 21 calls). Bought to close @ 1.50 (the lot that I sold for 2.20). Still sitting on some that I sold for 1.55. Another down move in the next couple days and I’ll take that off too.

Jeff 11:15 am on Wednesday, September 4, 2019
Tags: Earnings ( 3,108 )

PANW earnings analysis

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

May 29, 2019 AC -5.11%
Feb. 26, 2019 AC +8.20%
Nov. 29, 2018 AC -1.76%
Sept. 6, 2018 AC +3.28%
June 4, 2018 BO -0.52%
Feb. 26, 2018 AC +2.31%
Nov. 20, 2017 AC +4.82%
Aug. 31, 2017 AC +10.53%
May 31, 2017 AC +17.20% Biggest UP
Feb. 28, 2017 AC -24.15% Biggest DOWN
Nov. 21, 2016 AC -13.24%
Aug. 30, 2016 AC -7.16%

Avg (+ or -) 8.19%
Bias -0.47%, slight negative bias on earnings.

With stock at 200.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 184.58 to 215.42
Based on AVERAGE one-day move over last 12 quarters: 183.62 to 216.38
Based on MAXIMUM one-day move over last 12 Q’s (24.2%): 151.70 to 248.30
Based on UP max only (+17.2%): 234.40

Open to requests for other symbols.