fuzzballl 7:16 am on Friday, May 28, 2021
Tags: ShortPuts ( 4,763 )

SNOW

#ShortPuts – Missed the early dip. Selling the expected move and below the 50 day.

Sold SNOW JUN 18 2021 220.0 Put @ 3.30

hyen52 4:01 pm on Friday, May 28, 2021

May I ask how do you determine the expected move? Do you use the sum of ATM puts and calls or using the exact formula? Thanks.
- fuzzballl 10:26 pm on Saturday, May 29, 2021
  
  There are ways to estimate it. I think tastytrade says something like 85 percent of the at the money straddle. Others say just whatever the at the money straddle is. I get mine right off of the option chains on Think or Swim in the far right hand columns. Here’s SNOW for all available expirations:
  - hyen52 10:44 pm on Saturday, May 29, 2021
    
    I never realized the numbers after the IV are expected move. Thanks a lot.

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