#shortputs
$NUGT BTC 12/6 28 puts at .35. STO at 2.92 on 11/26
Daily Archives: Tuesday, December 3, 2019
SPX 7-dte stopped
#SPX1dte BTC $SPX Dec 9th 3025/3000 put spreads for 1.90, at the close. Condors sold yesterday for 1.75. Letting the 3190/3215 call side expire.
#ReverseRoll Sold $SPX Dec 9th 3150/3175 call spreads for 1.60. Believing there is more downside ahead, but will be wary of a big up day, which is always possible in volatile times.
#earnings #closing CRM Earlier today…
SPX 1-dte
#SPX1dte Sold to Open $SPX Dec 4th 3010/3030-3120/3140 condors for .80, IV: 13.26%, SPX 3086
SEDG
STO February 21, 75 puts at 3.90
TRADES: Back from my hiatus. ;>)
LK STO 12/6/19 30.5 PUTS @.70
CLDR STO 12/6/19 10.5 CALLS @.51
MRVL earnings analysis & trade
#Earnings $MRVL reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Aug. 29, 2019 AC -0.95%
May 30, 2019 AC +0.49%
March 7, 2019 AC -2.55%
Dec. 4, 2018 AC +3.80%
Sept. 6, 2018 AC -0.05%
May 31, 2018 AC +2.92%
March 8, 2018 AC +0.08%
Nov. 28, 2017 AC -4.55% Biggest DOWN
Aug. 24, 2017 AC +7.50%
May 25, 2017 AC +4.30%
March 2, 2017 AC +1.51%
Nov. 17, 2016 AC +10.77% Biggest UP
Avg (+ or -) 3.29%
Bias 1.94%, strong positive bias on earnings.
With stock at 25.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 23.29 to 26.71
Based on AVERAGE one-day move over last 12 quarters: 24.18 to 25.82
sed on MAXIMUM one-day move over last 12 Q’s (10.8%): 22.31 to 27.69
Based on DOWN max only (-4.6%): 23.86
Open to requests for other symbols.
TLT call spread
Fading today’s big move in bonds which is starting to lose steam. Sold $TLT 1/17/20 142/147 bear call spread @ 1.44. IV rank is 49.
UVXY
STO, January 17, 30 call at .75, starter position so my next one will be the 35 calls.
SHOP
#ShortPuts – Taking a little risk off early…
Bought to Close SHOP DEC 20 2019 280.0 Put @ .70 (sold for 3.90)
ROKU Rolled – Making Lemonade From Sand ;-)
#coveredcalls
$ROKU BTC 12/6 167.50 calls and STO 12/13 145 calls at $5 added credit. Basis now at 151.50. Stock at 142.40.
Ever will the twain meet.
NUGT Rolled
#coveredcalls
$NUGT BTC 12/6 29 calls and STO 12/13 31 calls at added .20 credit. Stock at 29.43
#shortputs
$NUGT BTC 12/13 36 puts and STO 12/20 351 puts at .65 debit, but would gain $1 if called away. Stock at 29.43
DRIP calls
#ContangoETFs At the highs this morning, Sold $DRIP Jan 17th 150 calls for 4.50.
HD put spread
Sold $HD 1/17 205/195 bull put spread @ 1.89.
#earnings CRM Sold Jan. 17,…
#earnings CRM
Sold Jan. 17, 140/180 strangle for 2.29.
Thanks for the data Jeff
CRM earnings analysis
#Earnings $CRM reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Aug. 22, 2019 AC +2.24%
June 4, 2019 AC +5.05%
March 4, 2019 AC -0.96%
Nov. 27, 2018 AC +10.27% Biggest UP
Aug. 29, 2018 AC -1.71%
May 29, 2018 AC +1.90%
Feb. 28, 2018 AC +2.73%
Nov. 21, 2017 AC -1.81% Biggest DOWN
Aug. 22, 2017 AC +0.12%
May 18, 2017 AC -0.39%
Feb. 28, 2017 AC +3.02%
Nov. 17, 2016 AC +3.43%
Avg (+ or -) 2.80%
Bias 1.99%, strong positive bias on earnings.
With stock at 160.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 152.37 to 167.63
Based on AVERAGE one-day move over last 12 quarters: 155.52 to 164.48
sed on MAXIMUM one-day move over last 12 Q’s (10.3%): 143.57 to 176.43
Based on DOWN max only (-1.8%): 157.10
Open to requests for other symbols.
Options Bistro 