#ShortPuts #Earnings – I’ve got some DITM covered calls in this so wouldn’t mind a pullback. Come and get it! LOL
Sold ROKU MAY 8 2020 123.0 Put @ 2.20
Daily Archives: Thursday, May 7, 2020
OLED Earnings
#JadeLizards #Earnings – Throwing one out there. Put side is outside the expected move and below the 50 day ma with no upside risk.
Sold OLED MAY 8 2020 135.0/155.0/157.5 Jade Lizard @ 2.55
SPX 1-dte
#SPX1dte Sold to Open $SPX May 8th 2760/2780-2950/2970 condors for 1.15, IV: 25.5%, SPX 2877, deltas -.05, +.05.
#earnings UBER Sold May 15,…
#earnings UBER
Sold May 15, 28/30 #putratiospread for .32
AMD
BTO May 22 52/54 Calls $0.97
#in-out
BYND
BTO May 22 118/120 Calls $0.98
EW STO Covering Existing Stock May 15 $220 @$3.30 w/stock at $218
Call expired last Friday, was hoping for a rebound to sell into
Closing PTON
Stock showing strength again so I’m giving a quick hook to this trade, keeping the loss to a minimum (.38). Bought to close $PTON 6/19 45/50 bear call spread @ 1.80. Sold earlier today for 1.42.
TQQQ
STO May 29, 50 put at .87
CODX Put Closed
#shortputs
$CODX BTC 5/15 10 put at .20. STO 4/14 at 2.85
NET Covered Call
#coveredcalls
$NET STO 5/15 call at 2.20
PTON post-earnings
Sold $PTON 6/19 45/50 bear call spread @ 1.42. Post-earnings, looking like it may have hit its high on the gap up. Short leash–if the stock moves back toward the morning high I’ll cut bait.
SPY
#ShortPuts – Wasn’t going to hold over the weekend so now is probably as good a time as any to book these.
Bought to Close SPY MAY 11 2020 270.0 Puts @ .15 (sold for 2.07)
Closing AMZN
Bought to close $AMZN 5/15 2130/2150/2480/2500 iron condor @ 1.96. Sold for 6.00 on 5/1.
AMD
Rolled $AMD May-08-2020 52 #Shortput // May-15-2020 @0.85 credit.
SPCE Earnings
#BearCallSpreads #Earnings – Sold these ITM and got a nice move. I’ll take it here and not be greedy…even though it’s coming out of a nice squeeze.
Bought to Close SPCE MAY 8 2020 19.0/16.0 Bull Put Spreads @ .60 (sold for 1.80)
AAPL
BTO May 22 305/302.5 BePS $1.15
ZM
STC May 15 136/139 Call Spread $2.37 BTO 4-30 $1.45
SQ Earnings
#ShortPuts #Earnings #OneNightStand – See ya next time…
Bought to Close SQ MAY 15 2020 60.0 Puts @ .20 (sold for .85)
OLED earnings analysis
#Earnings $OLED reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Feb. 20, 2020 AC -2.46%
Oct. 30, 2019 AC +15.27%
Aug. 1, 2019 AC -1.64%
May 2, 2019 AC +8.76%
Feb. 21, 2019 AC +23.03%
Nov. 1, 2018 AC -20.50% Biggest DOWN
Aug. 9, 2018 AC +13.54%
May 3, 2018 AC +12.43%
Feb. 22, 2018 AC -15.81%
Nov. 2, 2017 AC +9.52%
Aug. 3, 2017 AC -1.30%
May 4, 2017 AC +23.87% Biggest UP
Avg (+ or -) 12.34%
Bias 5.39%, strong positive bias on earnings.
With stock at 150.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 135.19 to 164.81 (+/- 9.9%)
Based on AVERAGE one-day move over last 12 quarters: 131.48 to 168.52
Based on MAXIMUM one-day move over last 12 Q’s (23.9%): 114.20 to 185.81
Based on DOWN max only (-20.5%): 119.25
Open to requests for other symbols.
Options Bistro 