#SPX1dte Sold to Open $SPX Sept 27th 2915/2935-34010/3030 condors for .95, IV: 11.80%, SPX 2980.
Daily Archives: Thursday, September 26, 2019
A TRADE:
HIIQ STO 10/18/19 21.0 PUTS @1.10
A TRADE: STO this morning,…
A TRADE: STO this morning, @.30
RAD BTC 9/27/19 10.0 CALLS @.04
A TRADE:
BYND STO 10/4/19 160/165 BeCS @.74
#earnings #jadelizard MU Sold Oct….
#earnings #jadelizard MU
Sold Oct. 18, 37/41/46 jade lizard for 1.77. I have an inverted 37/41 Oct. 18 strangle and would prefer that MU go down.
TRADES: This morning was their earnings report.
RAD STO 9/27/19 10.0 CALLS @.30
RAD STO 9/27/19 9.0 ATM CALLS @.51
MU earnings analysis
#Earnings $MU reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
June 25, 2019 AC +13.34% Biggest UP
March 20, 2019 AC +9.61%
Dec. 18, 2018 AC -7.91%
Sept. 20, 2018 AC -2.86%
June 20, 2018 AC +0.83%
March 22, 2018 AC -7.99% Biggest DOWN
Dec. 19, 2017 AC +4.02%
Sept. 26, 2017 AC +8.51%
June 29, 2017 AC -5.11%
March 23, 2017 AC +7.40%
Dec. 21, 2016 AC +12.68%
Oct. 4, 2016 AC -0.56%
Avg (+ or -) 6.74%
Bias 2.66%, positive bias on earnings.
With stock at 49.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 45.62 to 52.38
Based on AVERAGE one-day move over last 12 quarters: 45.70 to 52.30
Based on MAXIMUM one-day move over last 12 Q’s (13.3%): 42.46 to 55.54
Based on DOWN max only (-8.0%): 45.08
Open to requests for other symbols.
REGN
#CoveredCalls – Breakout failed so rolling down to the 50ma for additional premium…
Rolled REGN OCT 11 2019 307.5 Call to OCT 11 2019 295.0 Call @ 2.15 credit (7.75 total now)
Options Bistro 