HUM butterflys

#Earnings . Following @mortlightman here, although I would still like to know, Mort, why you only went with the downside. Also, what is exit plan….. do you want for price to go near your center strike or just get out quickly?

Bought $HUM Nov 8th 280/282.5/285 put butterflys for .15
Bought $HUM Nov 8th 305/307.5/310 call butterflys for .17

SPX 1-dte

#SPX1dte Sold to Open $SPX 3040/3050-3100/3110 condors for .50, 10-wide, double sized.
IV 7.31%, SPX 3078.

UBER off

#Earnings Bought to close $UBER Nov 8th 27.5 puts for .75. #ShortStrangles sold yesterday for 1.86. I’ll let the 33.5 calls expire.

UBER

Could not post yesterday, wordpress problem???
BTO UBRE Nov 8 Put BF 29.5/27.5/25.5 $0.25 seems to be working fine. This is an Expected Move earnings BF small risk big potential from Don Kaufman

#earnings IONS Sold Dec. 45/65…

#earnings IONS

Sold Dec. 45/65 strangle for 1.40.
Bought some insurance, Nov. 22 45/65 straddle for .44

#rolling SMH October 8, sold…

#rolling SMH

October 8, sold a 97/128 strangle for 1.05. October 9 SMH started going up and up. Today rolled to Dec. 105/128 for 2.01. SMH is at 133.

TNA

#ShortPuts – Finally out of this one. It was a repair trade on some covered calls that were exercised early for a loss. Turned around and sold ITM puts to make it up. Ended with a small profit.

Bought to Close TNA NOV 08 2019 60.0 Puts @ .10 (sold for 1.00 after adding in loss repair)

CPRI earnings analysis

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

**CPRI was formerly $KORS. The most recent 3 quarters (at top) are CPRI, the remainder are KORS.

Aug. 7, 2019 BO +3.07%
May 29, 2019 BO -9.84%
Feb. 6, 2019 BO +11.29%
—————————
Nov. 7, 2018 BO -14.62% Biggest DOWN
Aug. 8, 2018 BO +6.72%
May 30, 2018 BO -11.44%
Feb. 7, 2018 BO +1.02%
Nov. 6, 2017 BO +14.69%
Aug. 8, 2017 BO +21.54% Biggest UP
May 31, 2017 BO -8.51%
Feb. 7, 2017 BO -10.80%
Nov. 10, 2016 AC -3.97%

Avg (+ or -) 9.79%
Bias -0.07%, no sign bias on earnings.

With stock at 34.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 30.13 to 37.87
Based on AVERAGE one-day move over last 12 quarters: 30.67 to 37.33
Based on MAXIMUM one-day move over last 12 Q’s (21.5%): 26.68 to 41.32
Based on DOWN max only (-14.6%): 29.03

Open to requests for other symbols.

UVXY

#ShortCalls -Booking and selling again…

Bought to Close UVXY NOV 8 2019 25.0 Calls @ .04 (sold for .72)
Sold UVXY DEC 6 2019 24.0 Calls @ .70

WBA

STO December 20, 60 puts at 3.00 this morning.

REGN Earnings

#ShortPuts #Earnings – No sense holding this for the rest of the week…

Bought to Close REGN NOV 08 2019 305.0 Put @ .30 (sold for 4.90)

#closing GRUB Bought Dec. 30…

#closing GRUB

Bought Dec. 30 put for .56, sold Friday for 1.05.

HUM earnings analysis

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

July 31, 2019 BO +4.29%
May 1, 2019 BO -3.62%
Feb. 6, 2019 BO -0.54%
Nov. 7, 2018 BO +6.68% Biggest UP
Aug. 1, 2018 BO +1.26%
May 2, 2018 BO -2.54%
Feb. 7, 2018 BO -1.56%
Nov. 8, 2017 BO -5.00% Biggest DOWN
Aug. 2, 2017 BO +4.47%
May 3, 2017 BO -0.70%
Feb. 8, 2017 BO +2.25%
Nov. 4, 2016 BO +1.27%

Avg (+ or -) 2.85%
Bias 0.52%, positive bias on earnings.

With stock at 297.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 285.04 to 309.96
Based on AVERAGE one-day move over last 12 quarters: 289.03 to 305.97
Based on MAXIMUM one-day move over last 12 Q’s (6.7%): 277.63 to 317.37
Based on DOWN max only (-5.0%): 282.63

Open to requests for other symbols.