#ShortPuts – Sold these planning on a SPX down 100 day. Didn’t see a 115 selloff coming so I’ll roll to Friday to try again…
Rolled SPY APR 01 2020 247.0 Puts to APR 03 2020 237.0 Puts @ .80 credit (1.60 total now)
Daily Archives: Wednesday, April 1, 2020
SPXpire
#SPX1dte Expiring: $SPX April 1st 2380/2400-2735/2755 condors, sold yesterday for 1.05.
#spx coming up on circuit…
#spx
coming up on circuit breaker 4.20% right now @11.39 AM CST
SPY
#CoveredCalls – Finally after about 4 rolls…
Bought to Close SPY APR 01 2020 257.0 Call @ .10 (sold for 5.15)
Sold SPY APR 03 2020 255.0 Call @ 2.15
PTON Short Put
#ShortPuts
STO 15May 20 Put @. 1.35
#shortstrangles BA Sold May 17,…
Sold May 17, 60/220 strangle for 3.52
#tastytradefollow
WBA earnings analysis
#Earnings $WBA reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Jan. 8, 2020 BO -5.83%
Oct. 28, 2019 BO +0.68%
June 27, 2019 BO +4.08% Biggest UP
April 2, 2019 BO -12.80% Biggest DOWN
Dec. 20, 2018 BO -5.02%
Oct. 11, 2018 BO -1.94%
June 28, 2018 BO -9.90%
March 28, 2018 BO +2.47%
Jan. 4, 2018 BO -5.17%
Oct. 25, 2017 BO +3.07%
June 29, 2017 BO +1.66%
April 5, 2017 BO -1.61%
Avg (+ or -) 4.52%
Bias -2.53%, negative bias on earnings.
With stock at 44.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 40.21 to 48.79
Based on AVERAGE one-day move over last 12 quarters: 42.49 to 46.51
Based on MAXIMUM one-day move over last 12 Q’s (12.8%): 38.80 to 50.20
Based on UP max only (+4.1%): 46.32
Open to requests for other symbols.
HYG
BTO May 15 76/74 Puts 0.75
SPY
#ShortPuts – Throwing a couple of these out there in a different account…
Sold SPY APR 17 2020 220.0 Puts @ 3.90
Options Bistro 