gives this opportunity: STO IC 1710/1730/1850/1852.5 with a premium of 4.16 and expiration Jul27. Besides of the issue of Earnings before expiration, anything wrong with this?
I have one running in AMZN, Jun 29 1697.5/1707.5 and it is under pressure. How long would you hold out, there are just a few days to go, before you just close out trying to salvage some credit? I had paid 8.28
Didn’t like the action during the last 40 minutes, closed and received 5.87, well within the 2x loss limit.
still trying and making experiences. Today experienced a failure. Opened a FDX trade on 6/20 with expiration 6/29 247,5/252.50 with stock price at 252.50, paid 3.11 with the intention to STC at 4.20. I was aware of being tight but looked for a bounce after the earnings. Today I STC for a 1.02 to prevent going over 2x loss. Not sure what went wrong in my selection, please comment
ROKU rolled my Jun22 SP 46 to Jun29 and collected some much needed extra premium of 79 Cents
#pietrade Guess my first attempt with AMAT is off to a bad start… Am getting ready to sell calls
#Fuzzy I am in a few, but as with most strategies, results are mixed. Have a hard time to decide when is the right time to close once you are not profitable. I am clear about the combined risk between premium paid and the spread, so I do know what max exposure is. This is mainly such a long term strategy which makes it so difficult, for example I started with MU on 4/12 with 50/52.5/52.5 exp Jan18’19, paid 7.51. Shortly after MU started to tank, but I have been able to clear already a premium of 1.95 after fees by selling the calls, Delta is still almost 50. I am still considerably down at this time and am certainly not interested to give it all away. So, where would you stop and why?
WYNN re-entered as STO Jan18’19 put with a strike at 100. Got 1.92