LABU Rollout

Not going to let @optioniceman get all the dizzy activity.

#coveredcalls
$LABU BTC 6/28 $48 call and STO 7/5 $50 call at extra .59 plus $2 if assigned.

SIG earnings analysis

#Earnings $SIG reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.

I have never traded this, but it is a big mover

Dec. 6, 2018 BO -18.04%
Aug. 30, 2018 BO +23.84% Biggest UP
June 6, 2018 BO +18.39%
March 14, 2018 BO -20.22%
Nov. 21, 2017 BO -30.39% Biggest DOWN
Aug. 24, 2017 BO +16.66%
May 25, 2017 BO -7.75%
March 9, 2017 BO +8.72%
Nov. 22, 2016 BO +2.14%
Aug. 25, 2016 BO -12.62%
May 26, 2016 BO -10.49%
March 24, 2016 BO +2.88%

Avg (+ or -) 14.35%
Bias -2.24%, negative bias on earnings.

With stock at 27.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 23.31 to 31.69
Based on AVERAGE move over last 12 quarters: 23.56 to 31.44
Based on MAXIMUM move over last 12 Q’s (30.4%): 19.14 to 35.86
Based on UP max only (+23.8%): 34.06

Open to requests for other symbols.

#fallingknife

PCG 17 puts expiring, thanks…

PCG 17 puts expiring, thanks @optioniceman

Catching up on today’s trades

Took some profits on GTC orders.
Bought to close:
$DUST Dec 21 45 calls @ .35. Sold for 1.25 on 8/13.
$DUST Mar 15 2019 64 call @ .37 Sold for 2.10 on 8/23.
$PCG Nov 23 14 puts @ .06. Sold for 1.40 on 11/15 (thanks @optioniceman)
$WHR Dec 21 100 puts @ .48. Sold for 1.40-1.65 on 7/25.
$SFIX Dec 21 22 puts @ 1.30. Sold for 1.38 on 10/2. Taking off for around breakeven/small profit; will stand pat with the other rungs of the ladder I sold on 10/2–Nov 24 puts taken off for most of the max profit 2 weeks ago, and leaving the short Mar 15 18 puts out there, I decided to lower my exposure to this one a bit.

BOIL UNG and nat gas…

https://www.zerohedge.com/news/2018-11-18/optionsellerscom-goes-dark-after-catastrophic-loss-event-natgas-short-squeeze

TSLA tomorrow

#Earnings It looks like TSLA has announced earnings date of tomorrow. Thanks @optioniceman for the heads up.

In addition to 300 call I sold earlier (and early), sold Oct 26th 230 call for 2.05

http://ir.tesla.com/events/event-details/tesla-inc-q3-2018-financial-results-and-qa-webcast

TLRY puts

#Scary Sold $TLRY Sept 21st 150 puts for 1.85. One put in each of two retirement accounts.