#earningstrade $ADBE releasing after close. average down moves have bee just about 3.5% with a max down of 9%. Up Moves were similar. looking to sto a strangle 132/150 exp 6/23
#Earnings $AVGO looks interesting with a potential max low of about 228 averaged thru the last 14 cycles, I STO a put 220 with Jun09 expiration for 1.03. Small of course.
$UVXY saw on TT an interesting suggestion BuCS 10/20 with Jun16 expiration. Relatively low cost bto around 2.05. Small position but have already entered a STC for about 1$ higher
#IronCondor I have one in TLT 115/117/125/127 exp 12/30, sold at .56 end of Nov. It has a small risk but the short put at 117 has been under pressure. Just buying back doesn’t get a fill, so I was thinking to close the short put which i can buy back for a loss of some 20 cents and let expire the rest. I should end up making some money, am i correct and have you done this before with some success?
$SVXY this morning I received a note from IAB that I have to liquidate my put options in my IRA account by Dec 23. Having to do with restrictions on limited partnerships. Is IAB the only that does that?
$BABA looking at an earnings trade, average low 96 and average high of 107 after report were the results during the last 8 reports. STO strangle 95/110 with expiration 11/4.
$SVXY just checking on weekly’s and realized that July 1 is the last open at this time. Was wondering when are new weekly options usually opened? What would be the range they cover, as in weekly options for two months or three? I am selling puts in a two and a 7 week cycle. Thanks