#Earnings Order has been in all day; just lowered it to 1.35; not sure if I’ll go lower…
Trying for: $ACN June 23rd 122/134 strangles for 1.35. Over last 12 quarters, Biggest UP move: 6.8%, Biggest DOWN move: -6.6%, Average move: 3.6%. These strikes are +5.7% and -3.8% OTM. Bullish bias since that’s the way things have been rolling lately.
#Earnings Thanks to @matt0311 for pointing this one out… I had missed it on my scan…
Sold to Open $ADBE June 23rd 134/152.5 strangles for 1.50, with ADBE at 141.25. Over last 12 quarters, its 1-day moves: Biggest UP move: 9.0%, Biggest DOWN move: -5.7%, Average move: 4.5%. My strikes are +8.0% and -5.1% OTM. Trade has a bullish bias based on historical move bias of +1.5% as well as trend in tech last few days, bouncing off mini-correction.
$AZO 720 call (#earnings trade)
$TMUS 67 call (covered)
$SFM 25 call (covered) Holding stock and seeing if $AMZN needs stores on West Coast
$MOMO 41 call
$THO 110 call (#earnings trade)
$AMD 10 put
$TMUS 62.50 put
$SVXY 94 put
$SVXY 95 put
$SVXY 100 put
$SVXY 110 put
$SVXY 120 put
$SVXY 123 put
$MOMO 35 put
$UBNT 35 put
$THO 80 put (#Earnings play)
$PLAY 65 put (#Earnings play)
$BLUE 95 put
$WYNN 110/120 BUPS
$GS 215/220 BUPS
$FB 140/145 BUPS
$FB 148/150 BUPS
$BABA 115/120 BUPS
$SJM 140/130 BECS
Expired with total loss (See @jeffcp66 comments on selling early)
$NVDA 140/135 BECS
$NFLX 155/160 BECS
$SJM @130 Basis 127.61
Have a great weekend and a terrific Father’s Day to all celebrating.
#OptionsExpiration #VXXGame #Earnings
AZO 720 calls
NVDA 135 put
PANW 135 call
THO 80 puts
SVXY 95,100,105,115,120,135, and 140 puts
PANW 130 call, half of remaining stock called away, cost basis 126.69.
#Earnings BTC $NVDA June 16th 152.5 put for 1.08 to avoid assignment. Sold for 2.65 on June 8th.
#Earnings #ExitEarly As a testament to not always waiting for expiration, check out AZO today after some of us exited or rolled AZO puts a day before expiration yesterday.
This may be a good day to sell some new puts.
Well at least some of it.
Bought to close $AZO 7/21 550 put @ 1.30. Sold for 4.50 on 5/23.
Taking my 70%+ profit and freeing up some margin. Still short Sep 480 and Dec 500.