BABA Puts Closed

#earnings #shortputs
$BABA BTC 2/14 212.5 puts at .14. STO yesterday at 1.13. TTMAR rather than LTMAC.

ROKU Earnings

#ShortStrangles #Earnings – Late fill…

Sold ROKU FEB 14 2020 115.0/175.0 Strangles @ 2.75

SPX 1-dte

#SPX1dte Sold to Open $SPX Feb 14th 3310/3330-3405/3425 condors for 1.05, IV 10.76%, SPX 3378, deltas -.07, +.07

TSLA

Tesla will offer 2.65 million shares of stock, and the offering is expected to price after Thursday’s close.

Isn’t it nice when a stock rallies 5% the day before a major secondary offering.
Looks like it will price above $800

ROKU earnings analysis

#Earnings $ROKU reports tonight. Below are details on earnings one-day moves over the last 9 quarters (its entire history).

Nov. 6, 2019 AC -16.01%
Aug. 7, 2019 AC +20.85%
May 8, 2019 AC +28.11%
Feb. 21, 2019 AC +25.23%
Nov. 7, 2018 AC -22.29% Biggest DOWN
Aug. 8, 2018 AC +21.31%
May 9, 2018 AC -1.71%
Feb. 21, 2018 AC -17.71%
Nov. 8, 2017 AC +54.93% Biggest UP

Avg (+ or -) 23.13%
Bias 10.30%, strongly positive bias on earnings.

With stock at 140.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 117.10 to 162.90
Based on AVERAGE one-day move over last 9 quarters: 107.62 to 172.38
Based on MAXIMUM one-day move over last 9 Q’s (54.9%): 63.10 to 216.90
Based on DOWN max only (-22.3%): 108.79

Open to requests for other symbols.

TSLA calls

#ShortCalls Sold to Open $TSLA Feb 28th 1100 calls for 5.00. Will look to add a put side on next pull back.

UNH

#ShortPuts – Taking some risk off a couple weeks early…

Bought to Close UNH MAR 06 2020 245.0 Put @ .35 (sold for 2.91)