SPX 1-dte

#SPX1dte Sold to Open $SPX July 17th (PM) 3110/3130-3275/3295 condors for 1.15, IV 20.2%, SPX 3211, ∆ -.06,+.05

NFLX Earnings

#ShortPuts #Earnings – Back in. A little more aggressively this time…

Sold NFLX JUL 24 2020 450.0 Put @ 5.25

NFLX Earnings

#ShortPuts #Earnings – Not something I normally do but scalping a little profit already and looking for a new one to sell before the close.

Bought to Close NFLX JUL 24 2020 425.0 Put @ 2.65 (sold for 4.00)

MS NVAX Calls Rolled

#coveredcalls
$MS BTC 7/17 52.50 call and STO 7/24 54 calls at additional .11 credit
$NVTA BTC 7/17 112 call and STO 7/24 120 calls at additional 3.68 credit

LULU

STO $LULU Jul-31-2020 275/285 #BuPS @1.25. Short is 17 Delta.

Holding Jul-17 275/285 #BuPS – Looking to let it expire tomorrow.
Also Holding Jul-24 275/285 #BuPS. Watching the paint dry.

NFLX Earnings

#ShortPuts #Earnings – Somebody leak the earnings already? Stock is pretty weak so far today. I’m going out to next week and selling below the 50ma and near the 100ma.

Sold NFLX JUL 24 2020 425.0 Put @ 4.00

WFC Covered

Bought to close WFC Jul 17 2020 28.5 Call at $0.01. Then sold WFC Jul 24 2020 28.5 Call at $0.14.

Also sold :
WFC Jul 24 2020 27.5 Calls at $0.23 against long August Calls.
WFC Jul 24 2020 28.0 Calls at $0.18 against long August Calls.

The stock has made back all it lost after it’s earnings report.
WFC is 25.97

AMD

Rolled $AMD Jul-17-2020 $54 #ShortPut // Jul-31-2020 @ 2.25 Credit.
Might be a bit aggressive with an ATM strike and earnings on the 28th.

NFLX trade

#Earnings Sold to Open $NFLX July 17th 460/465-590/595 condors for 1.445. Filled quickly on an order for 1.40, so I clearly asked for too little. Short strikes at historical max moves.

NFLX earnings analysis

#Earnings $NFLX reports tonight. Below are details on earnings one-day moves over the last 12 quarters.

April 21, 2020 AC -2.86%
Jan. 21, 2020 AC -3.58%
Oct. 16, 2019 AC +2.46%
July 17, 2019 AC -10.27% Biggest DOWN
April 16, 2019 AC -1.31%
Jan. 17, 2019 AC -3.98%
Oct. 16, 2018 AC +5.28%
July 16, 2018 AC -5.24%
April 16, 2018 AC +9.18%
Jan. 22, 2018 AC +9.97%
Oct. 16, 2017 AC -1.57%
July 17, 2017 AC +13.54% Biggest UP

Avg (+ or -) 5.77%
Bias 0.97%, positive bias on earnings.

With stock at 520.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 467.05 to 572.95 (+/- 10.2%)
Based on AVERAGE one-day move over last 12 quarters: 490.00 to 550.00
Based on MAXIMUM one-day move over last 12 Q’s (13.5%): 449.59 to 590.41
Based on DOWN max only (-10.3%): 466.60

Open to requests for other symbols.

AAL Covered Roll into earnings

Bought to close AAL 07/17/2020 13.50 Covered Calls / Sold AAL 07/24/2020 13.50 Covered Call @ 0.57 Credit.
Quite a nice premiums for just 1 week.