#SPX1dte Sold to Open $SPX 2730/2750-2920/2940 condors for 1.00, IV 25.6%, SPX 2846, deltas -.05, +.05
Daily Archives: Thursday, May 14, 2020
AMAT earnings analysis
#Earnings $AMAT reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Feb. 12, 2020 AC +3.05%
Nov. 14, 2019 AC +8.95% Biggest UP
Aug. 15, 2019 AC -1.12%
May 16, 2019 AC +2.49%
Feb. 14, 2019 AC -3.95%
Nov. 15, 2018 AC +1.08%
Aug. 16, 2018 AC -7.71%
May 17, 2018 AC -8.24% Biggest DOWN
Feb. 14, 2018 AC +3.89%
Nov. 16, 2017 AC -2.33%
Aug. 17, 2017 AC +2.73%
May 18, 2017 AC +0.38%
Avg (+ or -) 3.83%
Bias -0.07%, no significant bias on earnings.
With stock at 52.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 49.22 to 54.78 (+/- 5.3%)
Based on AVERAGE one-day move over last 12 quarters: 50.01 to 53.99
Based on MAXIMUM one-day move over last 12 Q’s (9.0%): 47.35 to 56.65
Based on DOWN max only (-8.2%): 47.72
Open to requests for other symbols.
BCRX CC June 19 $5 Net @3.98 with stock at $5.07
Company conducting clinical on corona virus (similar to Gilead). Wouldn’t hurt to cover the back door with some of the premium.
#ironcondor IWM Sold June 19,…
#ironcondor IWM
Sold June 19, 102/107/135/140 for 1.70.
CODX Earnings Put Roll
#earnings #shortputs
$CODX BTC 5/15 14 put and STO 6/19 15 put for added credit of 2.65
TNA
#CoveredCalls – Chipping away at this one…
Bought to Close TNA MAY 15 2020 23.0 Calls @ .01 (sold for .50)
Sold TNA MAY 22 2020 20.0 Calls @ .66
SPY
#ShortPuts #CoveredCalls #CoveredStrangles – Adding another put and selling a covered call against yesterday’s put sale…
Sold SPY JUN 12 2020 250.0 Put @ 3.50
Sold SPY JUN 05 2020 290.0 Call @ 3.15
SPY
#CoveredCalls – Sold this one pretty aggressively last week…
Bought to Close SPY MAY 15 2020 290.0 Call @ .10 (sold for 3.50)
CVX@NYSE (Name: CHEVRON CORP) announced a cash dividend with ex-dividend date of 20200518 and payable date of 20200610. The declared cash rate is USD 1.29.
#dividend $CVX
Options Bistro 