WDC earnings analysis

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

Jan. 24, 2019 AC +7.52% Biggest UP
Oct. 25, 2018 AC -18.18% Biggest DOWN
July 26, 2018 AC -7.73%
April 26, 2018 AC -7.99%
Jan. 25, 2018 AC +1.82%
Oct. 26, 2017 AC -2.53%
July 27, 2017 AC -7.54%
April 27, 2017 AC +3.92%
Jan. 25, 2017 AC -1.93%
Oct. 26, 2016 AC +5.41%
July 28, 2016 AC -11.52%
April 28, 2016 AC -11.28%

Avg (+ or -) 7.28%
Bias -4.17%, negative bias on earnings.

The FIVE-day outlook is more bearish, with a downside max of -23%.

With stock at 51.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 46.50 to 55.50
Based on AVERAGE move over last 4 quarters: 47.29 to 54.71
Based on MAXIMUM move over last 4 Q’s (18.2%): 41.73 to 60.27
Based on UP max only (7.5%): 54.84

Open to requests for other symbols.

A TRADE:

IRBT BTO STOCK @101.65

SPOT post-earnings

$SPOT did not hold this morning’s post-earnings gap and is now trading down on the day. Sold 5/17 145/155 bear call spread @ 1.73.

SPX 1-dte

#SPX1dte Since I closed today’s call spread on Friday, I moved it up 5-points and sold one again:

Sold $SPX Apr 29th 2955/2965 call spreads for .75.

GOOGL earnings analysis

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

Feb. 4, 2019 AC +0.91%
Oct. 25, 2018 AC -1.79%
July 23, 2018 AC +3.89%
April 23, 2018 AC -4.76%
Feb. 1, 2018 AC -5.28% Biggest DOWN
Oct. 26, 2017 AC +4.26% Biggest UP
July 24, 2017 AC -2.93%
April 27, 2017 AC +3.71%
Jan. 26, 2017 AC -1.39%
Oct. 27, 2016 AC +0.27%
July 28, 2016 AC +3.32%
April 21, 2016 AC -5.41%

Avg (+ or -) 3.16%
Bias -0.43%, negative bias on earnings.

The FIVE-day outlook is more bearish, with a downside max of -8%.

With stock at 1,275.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 1,227.78 TO 1,322.22
Based on AVERAGE move over last 4 quarters: 1,234.71 TO 1,315.29
Based on MAXIMUM move over last 4 Q’s (5.4%): 1,206.02 TO 1,343.98
Based on UP max only (4.3%): 1,329.32

Open to requests for other symbols.

AMD Hi geewhiz, I was…

AMD Hi geewhiz, I was assigned too, but I also had a bushel of covered calls that expired, and I still have the stock, except now I have a little more? ;>) I’ll be out of the stock before earnings, which are Tuesday. I’ll get out of them tomorrow, Monday, which will give me more gunpowder to trade my new fav, IRBT. I already own some stock and a few BuPS, premiums are good, and uses very little margin, IMO anyway.
Have a great week. Honkhonk81

AMD Assigned

#assignment
$AMD 28 put Basis 27.43 Stock at 27.88 Thank you @honkhonk81

Expirations / Closed SPX Early / 1 DTE SPX / Assigned XLNX / STO NFLX TSLA BUPS

#optionsexpiration
$FB 195 calls (covered)

#spxcampaign
$SPX BTC 4/26 2930/2955 BECS at 1.40 STO 4/22 at 3.17 The put side sold for 1.63 and expired. Thank you @jeffcp66

#spx1dte
$SPX STO 4/29 2875/2895/2950/2965 IC at 1.30 Thank you @jeffcp66

#earnings
$XLNX Assigned at 128. STO 4/26 128 put at 2.30 before earnings. Stock now at 118.93. Will cover.

#shortputs
$NFLX STO 5/17 350/355 BUPS at 1.35
$TSLA STO 5/17 245/250 BUPS at 1.95 Hope I was early, not wrong.

A TRADE:

IRBT BTO STOCK @99.75 Added

Taking a loss on NDX iron condor

For today’s expiration. Letting the put spread expire. Watching for a move down into the close to get a better price on on the call spread side.

#earnings #inversion #closing EA

Feb. 5, I sold an 80/100 earnings strangle. Through rolling and going inverted, and rolling some more, I closed a May 3, 90/105 inverted strangle today and made $10.55 after trading costs. EA went way down, then way up, classic whip saw. If I would have done nothing, I may have been OK, but I’m taking the $10 and going to happy hour to plan trading the next earnings on May 7.

SBUX closed

#Earnings Closed last batch for .95

SPX 1-dte

#SPX1dte Sold to Open $SPX Apr 29th 2875/2895-2950/2965 condors for 1.35. (IV: 6.89%, SPX 2929)

Econ Calendar for week of 4/29/19

#Jobs report is Friday at 8:30am ET

Screen Shot 2019-04-26 at 10.18.44 AM
Screen Shot 2019-04-26 at 10.18.44 AM

Link to calendar: https://us.econoday.com/byweek.asp?day=29&month=4&year=2019&cust=us&lid=0

SPOT condor

#Earnings Sold to Open $SPOT May 3rd 127/129-145/147 #IronCondor for .96 and .95.

Strikes outside stock’s previous max moves, and risk/reward is just shy of 1:1.

AMZN half closed

#Earnings Bought to close half of my position, $AMZN Apr 26th 1885/1915/1945 #IronButterfly for 13.22. Sold yesterday for 28.15. Getting a bit nervous about this uptrend… I want to give it more chance to come back to 1915, but locking in nice profit on this first batch now in case it keeps going.

A TRADE:

IRBT BTO STOCK 99.79

#shortputs HOG

Sold May 17, 36 put for .59 HOG is just under 37, seems to have bottomed at 36.

Moth to the flame TRADE:

IRBT STO 5/3/19 BuPS 98.5/95.5 PUTS @.97

SBUX half closed

#Earnings Sold to close half of my position, $SBUX Apr26/May03 77 #DoubleCalendar for .85. Bought yesterday for .30. Waiting on the other half as this may be close to a pin. Same with $AMZN.

NDX IC for today

Another TastyTrade idea.
Sold 4/26 7710/7730/7800/7820 iron condor for 5.36.

#shortstrangles TSLA

TastyTrade idea, sold June 21, 160/325 strangle for 3.58

SPOT earnings analysis

#Earnings I usually don’t take trades on Monday morning earnings, but this stock has excellent premium and thus far, modest moves. However, its history is short so it could surprise us. That is reflected in the expected move, which is much higher than its historical average move.

Looking at a condor, with wings 2-points wide.

$SPOT reports Monday morning. Below are details on earnings one-day moves over its entire history.

Feb. 6, 2019 BO -2.83%
Nov. 1, 2018 BO -5.69% Biggest DOWN
July 26, 2018 BO +4.40% Biggest UP
May 2, 2018 AC -5.65%

Avg (+ or -) 4.64%
Bias -2.44%, negative bias on earnings.

With stock at 137.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 125.96 to 148.04
Based on AVERAGE move over last 4 quarters: 130.64 to 143.36
Based on MAXIMUM move over last 4 Q’s (5.7%): 129.20 to 144.80
Based on UP max only (4.4%): 143.03

Open to requests for other symbols.

#earnings #closing GRUB

Yesterday sold 50/90 strangle for 1.41, bought this morning for .47.

IRBT roll

Rolled $IRBT 90/100 4/26/2019 #BUPS to 5/10/2019 $1 credit.

Profits in the end

#Earnings #DoubleCalendar

Was able to turn $NOC double calendar into a profitable trade by taking assignment and then legging out. Sold the long puts for 16.00 at the open, then closed stock for 280.50.

And on one account that I hadn’t noticed was still open last night on $MMM, did the same thing… sold long puts for 30.00 and covered stock for 191.00, netting 1.00 on the close and a tiny profit on the trade. Better than a loss! And for once, I played the swings right… usually a weakness for me.

LULU BeCS

BTC LULU 180/190 4/26 BeCS @0.27.

This was some “when in doubt close it out” — it was the call side of an 150/160/180/190 4/26 #ironcondor sold for 1.25 on 4/17. Still have the put side – didn’t get any fills for a BTC order – expecting to hold it through expiration.

FFIV closed

#Earnings Sold to Close $FFIV Apr26/Mar03 165 #DoubleCalendar for 2.10. Bought yesterday for .81 and .82.

Had to pay .02 to close the $MMM 220 put calendar to avoid assignment. Dub Cal bought yesterday for .904

AMZN IB

#Earnings Sold to Open $AMZN Apr 26th 1885/1915/1945 #IronButterfly for 28.15. Risking 1.85 to make hopefully a lot.

#doublecalendar, #longstraddle, #shortstrangles

#fallingknife possibilities HOG NTGR

Both of these down big after earnings

TSLA combo trade.

BTO June 250 call @ 21.57

STO June 200 puts @ 6.06

STO June 270 call @ 10.78

The stock is breaking down on volume and the next major support level is 180

 

#earnings GRUB

Sold May 17, 50/90 strangle for 1.41 stock at 70, thank you for the data Jeff.

#ironcondor TSLA

Sold May 17, 210/215/285/290 for 1.06.

SPX 1-dte

#SPX1dte Sold to Open $SPX Apr 26th 2875/2895-2950/2970 condors for 1.00. (IV: 9.36%, SPX: 2929)

A TRADE:

IRBT STO 5/3/19 101/98 BuPS @1.35 I think the stock will go up 1 point by next Friday, after being down over 30 points yesterday.

SBUX Dub Cal

#Earnings Bought to Open $SBUX Apr26/May03 77 #DoubleCalendar for .30. Partial fill so far. This is a cheap play, must stay within its average range, or at least drift through it tomorrow. I placed a double-sized because of the low cost.

It is the tightest Bid/Ask I have seen on a double calendar, so very liquid.

Dub cal updates

#Earnings
#EarlyAssignment last night on just one (1) $NOC Apr 26th 295 put, part of my #DoubleCalendar. Sold the long May 2nd put for 16.00, and waited through the dip to sell stock for 280.50, netting 1.50 for a profit of .43. The rest of my position will probably not fare so well, but I’ll probably hold again tonight and may be assigned more. (Dub cal bought Wednesday for 1.07.

$MMM has made its biggest earnings drop in at least 17 years, which is as far back as I have records. Nothing you can do about that…. it was the perfect candidate for this strategy, but even “perfect” is no guarantee. I will likely close put side today and not risk early assignment. (bought yesterday for .91)

$FFIV jumped around the center strike in the morning but I got no fill. Now looking for it to recover. (bought yesterday for .81)

Not seeing any great candidates for dub cals today. Maybe $SBUX. Looking at a low risk #IronButterfly on $AMZN.

SBUX earnings analysis

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

Jan. 24, 2019 AC +3.62%
Nov. 1, 2018 AC +9.70% Biggest UP
July 26, 2018 AC +1.36%
April 26, 2018 AC -1.71%
Jan. 25, 2018 AC -4.22%
Nov. 2, 2017 AC +2.11%
July 27, 2017 AC -9.24% Biggest DOWN
April 27, 2017 AC -2.02%
Jan. 26, 2017 AC -4.00%
Nov. 3, 2016 AC +1.89%
July 21, 2016 AC +0.52%
April 21, 2016 AC -4.88%

Avg (+ or -) 3.77%
Bias -0.57%, Slight negative bias on earnings.

With stock at 76.75 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 73.74 to 79.76
Based on AVERAGE move over last 12 quarters: 73.85 to 79.65
Based on MAXIMUM move over last 12 Q’s (9.7%): 69.31 to 84.19
Based on DOWN max only (-9.2%): 69.66

Open to requests for other symbols.

GRUB earnings analysis

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

Feb. 7, 2019 BO -2.00%
Oct. 25, 2018 BO -11.98%
July 25, 2018 BO +23.53%
May 1, 2018 BO -8.39%
Feb. 8, 2018 BO +27.36% Biggest UP
Oct. 25, 2017 BO +11.17%
Aug. 3, 2017 AC +9.05%
April 27, 2017 BO +22.55%
Feb. 8, 2017 BO -3.51%
Oct. 26, 2016 BO -12.69% Biggest DOWN
July 28, 2016 BO +24.10%
May 3, 2016 BO -7.12%

Avg (+ or -) 13.62%
Bias 6.01%, positive bias on earnings.

With stock at 70.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 60.14 to 79.86
Based on AVERAGE move over last 12 quarters: 60.47 to 79.53
Based on MAXIMUM move over last 12 Q’s (27.4%): 50.85 to 89.15
Based on DOWN max only (-12.7%): 61.12

Open to requests for other symbols.

#earnings GRUB SBUX

Jeff, can you show data for GRUB and SBUX? GRUB has high IV. Thank you.

AMZN earnings analysis

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

Jan. 31, 2019 AC -5.38%
Oct. 25, 2018 AC -7.81% Biggest DOWN
July 26, 2018 AC +0.51%
April 26, 2018 AC +3.60%
Feb. 1, 2018 AC +2.87%
Oct. 26, 2017 AC +13.21% Biggest UP
July 27, 2017 AC -2.48%
April 27, 2017 AC +0.71%
Feb. 2, 2017 AC -3.54%
Oct. 27, 2016 AC -5.13%
July 28, 2016 AC +0.82%
April 28, 2016 AC +9.56%

Avg (+ or -) 4.64%
Bias 0.58%, small positive bias on earnings.

With stock at 1,910.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 1,836.26 to 1,983.74
Based on AVERAGE move over last 12 quarters: 1,821.47 to 1,998.53
Based on MAXIMUM move over last 12 Q’s (13.2%): 1,657.69 to 2,162.31
Based on DOWN max only (-7.8%): 1,760.83

Open to requests for other symbols.

#earnings FFIV

Yesterday sold strangle for 1.38 bought this morning for .46.

FFIV

BTC 145/185 strangle @.46 cents. Sold yesterday at 1.35

SPX call spread closed

#SPX1dte BTC $SPX Apr 26th 2930/2955 call spread for 5.25. Condors sold Monday for 4.75. Puts will expire. We’ll just forget that ever happened.

MMM put spread

Sold $MMM 6/21 185/175 bull put spread @ 1.55 with the stock at 196.36

FB call spread

Sold $FB 6/21 205/215 bear call spread @ 2.15. I might be a bit early–watching closely.

MMM

STO September 170 puts @ 2.99

IRBT Sep

Filled at the bell as the stock took a dive into the close.
Sold $IRBT 9/20 60 puts @ 1.20.
#FallingKnife

Popping in here to post a trades.

$MU #Coveredcalls Sold April 26th 44 calls @ 0.29.

TSLA earnings analysis

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

Jan. 30, 2019 AC -0.56%
Oct. 24, 2018 AC +9.13%
Aug. 1, 2018 AC +16.18% Biggest UP
May 2, 2018 AC -5.54%
Feb. 7, 2018 AC -8.62% Biggest DOWN
Nov. 1, 2017 AC -6.79%
Aug. 2, 2017 AC +6.50%
May 3, 2017 AC -5.00%
Feb. 22, 2017 AC -6.40%
Oct. 26, 2016 AC +0.87%
Aug. 3, 2016 AC +2.13%
May 4, 2016 AC -4.95%

Avg (+ or -) 6.06%
Bias -0.25%, small negative bias on earnings.

With stock at 260.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 238.89 to 281.11
Based on AVERAGE move over last 12 quarters: 244.25 to 275.75
Based on MAXIMUM move over last 12 Q’s (16.2%): 217.93 to 302.07
Based on DOWN max only (-8.6%): 237.59

Open to requests for other symbols.

CMG earnings analysis

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

Feb. 6, 2019 AC +11.35%
Oct. 25, 2018 AC +3.42%
July 26, 2018 AC +5.71%
April 25, 2018 AC +24.44% Biggest UP
Feb. 6, 2018 AC -10.55%
Oct. 24, 2017 AC -14.58% Biggest DOWN
July 25, 2017 AC -2.30%
April 25, 2017 AC +2.38%
Feb. 2, 2017 AC -4.54%
Oct. 25, 2016 AC -9.28%
July 21, 2016 AC +5.83%
April 26, 2016 AC -6.43%

Avg (+ or -) 8.40%
Bias 0.45%, small positive bias on earnings.

With stock at 710.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 660.25 to 759.75
Based on AVERAGE move over last 12 quarters: 650.35 to 769.65
Based on MAXIMUM move over last 12 Q’s (24.4%): 536.48 to 883.52
Based on DOWN max only (-14.6%): 606.48

Open to requests for other symbols.

NOW earnings analysis – straight up?

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

12 quarters straight with all UP moves. (go back 13 quarters for the first negative, -15.6%)

Jan. 30, 2019 AC +13.41%
Oct. 24, 2018 AC +1.42%
July 25, 2018 AC +4.60%
April 25, 2018 AC +4.53%
Jan. 31, 2018 AC +2.64%
Oct. 25, 2017 AC +1.21%
July 26, 2017 AC +0.74% Smallest UP
April 26, 2017 AC +3.75%
Jan. 25, 2017 AC +3.61%
Oct. 26, 2016 AC +7.68%
July 27, 2016 AC +4.65%
April 20, 2016 AC +14.06% Biggest UP

Avg (+ or -) 5.19%
Bias 5.19%, ONLY a positive bias on earnings.

With stock at 243.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 227.32 to 258.68
Based on AVERAGE move over last 12 quarters: 230.38 to 255.62
Based on MAXIMUM move over last 12 Q’s (14.1%): 208.83 to 277.17
Based on Smallest UP only (+0.7%): 244.80

Open to requests for other symbols.

MMM earnings trade and analysis

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

Bidding for $MMM Apr26/May03 220 #DoubleCalendar for .90. No fill yet.

Jan. 29, 2019 BO +1.94%
Oct. 23, 2018 BO -4.37%
July 24, 2018 BO +0.92%
April 24, 2018 BO -6.83% Biggest DOWN
Jan. 25, 2018 BO +1.88%
Oct. 24, 2017 BO +5.91% Biggest UP
July 25, 2017 BO -5.05%
April 25, 2017 BO +0.46%
Jan. 24, 2017 BO -1.42%
Oct. 25, 2016 BO -2.94%
July 26, 2016 BO -1.09%
April 26, 2016 BO -1.30%

Avg (+ or -) 2.84%
Bias -0.99%, negative bias on earnings.

With stock at 220.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 212.48 to 227.52
Based on AVERAGE move over last 12 quarters: 213.75 to 226.25
Based on MAXIMUM move over last 12 Q’s (6.8%): 204.97 to 235.03
Based on DOWN max only (-5.9%): 204.97

Open to requests for other symbols.

UBNT STO 5/19 UBNT 135/145…

UBNT

STO 5/19 UBNT 135/145 BuPS @1.50

Stock trading at 169.71. 5/19 145 Puts are ~20 delta. Earnings on 5/9, before expiry.

FFIV dub cal

#Earnings Bought to Open $FFIV Apr26/May03 165 #DoubleCalendar for .80. Only partial fill so far.

Also going for one on $MMM

Earnings chart updates

$INTC is tomorrow after the bell
$WYNN is still uncertain, currently predicted 4/30 after bell

#earnings FFIV Sold May 17,…

#earnings FFIV
Sold May 17, 145/185 strangle for 1.38, stock at 165, thanks as always Jeff.

DHI earnings analysis

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

Jan. 25, 2019 BO -2.61%
Nov. 8, 2018 BO -8.96% Biggest DOWN
July 26, 2018 BO +10.87% Biggest UP
April 26, 2018 BO +1.20%
Jan. 31, 2018 BO +1.07%
Nov. 9, 2017 BO +1.27%
July 26, 2017 BO -1.91%
April 20, 2017 BO -2.50%
Jan. 24, 2017 BO +6.61%
Nov. 8, 2016 BO -5.44%
July 21, 2016 BO -0.34%
April 21, 2016 BO +1.14%

Avg (+ or -) 3.66%
Bias 0.03%, no bias on earnings.

With stock at 46.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 44.24 to 48.76
Based on AVERAGE move over last 12 quarters: 44.80 to 48.20
Based on MAXIMUM move over last 12 Q’s (10.9%): 41.45 to 51.55
Based on DOWN max only (-9.0%): 42.33

Open to requests for other symbols.

FFIV earnings analysis

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

Jan. 23, 2019 AC -2.22%
Oct. 24, 2018 AC +6.10%
July 25, 2018 AC +1.07%
April 25, 2018 AC +0.89%
Jan. 24, 2018 AC -5.05%
Oct. 25, 2017 AC +3.97%
July 26, 2017 AC -7.16%
April 26, 2017 AC -7.50%
Jan. 25, 2017 AC -8.25% Biggest DOWN
Oct. 26, 2016 AC +9.57% Biggest UP
July 20, 2016 AC +0.32%
April 20, 2016 AC +5.53%

Avg (+ or -) 4.80%
Bias -0.23%, small positive bias on earnings.

With stock at 165.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 155.35 to 174.65
Based on AVERAGE move over last 12 quarters: 157.08 to 172.92
Based on MAXIMUM move over last 12 Q’s (9.6%): 149.21 to 180.79
Based on DOWN max only (-8.3%): 151.39

Open to requests for other symbols.

#earnings FFIV DHI Jeff-can you…

#earnings FFIV DHI

Jeff-can you show data for FFIV and DHI? Thank you

IRBT

STO June 21, 85 put @ 1.55

STO July 19, 80 put @ 1.60

OK, gave myself a little more room.

IRBT STO 4/26/19 103.0 CALL @2.05 Either I make $2 @expiration this Friday, or give myself $2 cushion in case the stock goes down further.

YETI STO 5/3/19 34.0 CALL @2.05 Naked

Took the plunge, 1/10th position.

IRBT BTO STOCK @103.10 Probably a day trade, I’ll swing it if it’s working.

FB earnings analysis

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

Jan. 30, 2019 AC +10.81% Biggest UP
Oct. 30, 2018 AC +3.80%
July 25, 2018 AC -18.96% Biggest DOWN
April 25, 2018 AC +9.06%
Jan. 31, 2018 AC +3.31%
Nov. 1, 2017 AC -2.04%
July 26, 2017 AC +2.91%
May 3, 2017 AC -0.62%
Feb. 1, 2017 AC -1.79%
Nov. 2, 2016 AC -5.63%
July 27, 2016 AC +1.34%
April 27, 2016 AC +7.19%

Avg (+ or -) 5.62%
Bias 0.78%, small positive bias on earnings.

With stock at 182.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 170.98 to 193.02
Based on AVERAGE move over last 12 quarters: 171.77 to 192.34
Based on MAXIMUM move over last 12 Q’s (19.0%): 147.49 to 216.51
Based on UP max only (10.8%): 201.67

Open to requests for other symbols.

First post – been reading…

ISRG


First post – been reading here a while. Appreciate what I’ve learned, and hope I can learn some more.

Thanks for the invite Jeff!

ISRG BTC 4/26 170/180 BuPS @0.12. Had opened this on 4/22 for 1.63 after ISRG dipped post earnings.

A TRADE:

AMD STO 4/26/19 29.0 CALLS @.47 Will cover if necessary.
IRBT STO 4/26/19 105/102 BuPS @1.36 FALLING KNIFE

#earnings #closing CAT EBAY sold…

#earnings #closing CAT EBAY

sold Cat strangle for 1.83, bought for 1.27, could have done better at the open
sold EBAY strangle/straddle for 2.28, bought for 1.77

NUGT closing

#ContangoETFs The $NUGT positions I sold in first quarter are starting to close:
BTC $NUGT June 30 call for .15 on Apr 15. Sold for 1.35 on Feb 19th
BTC $NUGT Sept 35 call for .20 yesterday. Sold for 2.06 on Jan 31st.

Looks like $DUST may be coming in to play soon.

ISRG

STO June 450 puts @ 5.10

EW closed

#Earnings Sold to close $EW Apr26/May03 180 #DoubleCalendar for 2.25. Bought yesterday for 1.03. Third quarter in a row this was the best symbol for this strategy. Unfortunately I only got a partial fill yesterday.

IRBT puts

Sold $IRBT 5/17 95 puts @ 1.65. Delta 20.

SPX 0-dte

#SPX1dte Since I plumb forgot to sell this yesterday, selling it this morning:

Sold $SPX Apr 24th 2890/2910-2945/2960 condors for .95. Expires today. (IV: 8.02%, SPX 2932)

Sometimes because volatility is higher in the morning, and because morning gaps can be accounted for, this sometimes can be a better approach that selling at the previous day’s close.

SNAPped shut

#Earnings Sold to close $SNAP Apr26 12 #LongStraddle for .75. Bought for 1.95 yesterday. If I don’t get the gap I try to sell quickly while volatility is still high, limiting the loss.

A TRADE:

MDLZ 5/3/19 STO 50.0/46.5 BuPS @.72

UVXY

#DiagonalBearCallSpreads – New all time low today so buying out in June to sell against. Already paid for with yesterday morning’s sale of the weekly calls. Long 5 for every 1 short so far.

Bought to Open UVXY JUN 21 2019 90.0 Calls @ .18

Still long May 90’s also…