NUGT HIIQ Rolled

#coveredcalls
$NUGT BTC 10/18 36 call and STO 10/25 38 call for .30 debit
$HIIQ BTC 10/18 25 call and STO 11/15 28 call for .40 credit

NFLX

Netflix goes negative for the year, giving up a 46% gain

SPX trades

#SPX1dte Sold $SPX Sept 25th 2980/2955 put spreads for 3.00.

Expiring today:
Sept 23rd 2930/2940-3035/3045, sold Friday for .50
Sept 23rd 2915/2940-3050/3075, sold Wednesday for 2.65

FDX – For what it’s worth

A new 3 year low on FedEx today. I’m looking for possible option plays.
Actually the Jan 2022 100 calls(852 days to expiration) have less than 9 points(or 6%) time premium so that might be a place to start.

#earnings #rolling FDX Rolled Oct….

#earnings #rolling FDX

Rolled Oct. 18, 190 call to 150 for 2.36, making a straddle, collected 4.46 total. FDX is down around 146 today.

TSLA

Sold TSLA 09/27/2019 255.00 Calls @ 0.88 with the stock at 244.

Earnings will tentatively be announced 10/23/2019. With 23 analysts covering TSLA, the consensus EPS estimate is -$0.45, and the high and low estimates are $0.57 and -$3.52, respectively.

KMX earnings analysis and trade

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

June 21, 2019 BO +3.18%
March 29, 2019 BO +9.61%
Dec. 21, 2018 BO +3.94%
Sept. 26, 2018 BO -1.60%
June 22, 2018 BO +12.86%
April 4, 2018 BO +4.61%
Dec. 21, 2017 BO -3.60%
Sept. 22, 2017 BO +7.77%
June 21, 2017 BO +0.80%
April 6, 2017 BO +2.36%
Dec. 20, 2016 BO +6.09%
Sept. 21, 2016 BO -2.04%

Avg (+ or -) 4.87%
Bias 3.67%, strongly positive bias on earnings.

NOTE: The 5-day results are still bullish, but less so, as extreme one-day up moves tended to fade over the following days.

With stock at 86.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 79.60 to 92.40
Based on AVERAGE one-day move over last 12 quarters: 81.81 to 90.19
Based on MAXIMUM one-day move over last 12 Q’s (12.9%): 74.94 to 97.06
Based on DOWN max only (-3.6%): 82.90

Open to requests for other symbols.

#doublecalendar