NFLX earnings

#Earnings – Stock is weak so taking a small winner instead of a small loser. Now it’s free to rally back!

Bought to Close NFLX JAN 18 2019 340/350/360 Iron Fly @ 7.45 (sold for 9.10)

SLB earnings

#Earnings #IronFlies -sold 50 cent wide @ .45…LOL

NFLX

#Earnings #IronFlies – Just taking a crazy shot here. Hoping all the news is out there now. 350 is also a nice even number (but so is 300 and 400 🙂 ). Selling an iron fly well inside the expected move risking 90 to make 910…

Sold NFLX JAN 18 2019 340/350/360 Iron Fly @ 9.10

This is the $100 I was going to put on the Chiefs +3 line…LOL

AA dbl cal closed

#Earnings #DoubleCalendar Was trying to get filled on the dip, when the dip exploded into a market rally.

Sold to close $AA Jan18/Jan25 29 double calendar for .51. Bought yesterday for .44. Meager.

Waiting for tomorrow on $MS

KSU earnings analysis

#Earnings I’m looking at this for a double calendar. Decent IV crush with small historic moves. However, bid/ask pretty wide so it will depend on the mid-price I can get. I’ll see what I can do in the last hour of the day.

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

Oct. 19, 2018 BO +3.35%
July 20, 2018 BO +2.39%
April 20, 2018 BO +1.55%
Jan. 19, 2018 BO -1.34%
Oct. 20, 2017 BO +1.35%
July 21, 2017 BO +1.13%
April 21, 2017 BO -2.84% Biggest DOWN
Jan. 20, 2017 BO +4.03%
Oct. 18, 2016 BO -2.24%
July 19, 2016 BO +1.88%
April 19, 2016 BO +4.97% Biggest UP
Jan. 22, 2016 BO +4.44%

Avg (+ or -) 2.63%
Bias 1.56%, positive bias on earnings.

With stock at 103.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 99.64 to 107.36
Based on AVERAGE move over last 12 quarters: 100.78 to 106.22
Based on MAXIMUM move over last 12 Q’s (5.0%): 98.36 to 108.64

Open for requests on other symbols.

#earnings #shortstrangles #coveredcallcampaign AA Yesterday…

#earnings #shortstrangles #coveredcallcampaign AA

Yesterday sold Feb. 15, 29 straddle for 3.44, bought today for 3.00
Rolled Jan. 18, 30 call to Feb. 15 for .97 covered by assigned shares.

SLB earnings analysis

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

Oct. 19, 2018 BO +0.06%
July 20, 2018 BO -1.24%
April 20, 2018 BO -1.49%
Jan. 19, 2018 BO +0.06%
Oct. 20, 2017 BO -2.09%
July 21, 2017 BO -0.73%
April 21, 2017 BO -2.18%
Jan. 20, 2017 BO -0.81%
Oct. 20, 2016 AC -3.03% Biggest DOWN
July 21, 2016 AC +1.98%
April 21, 2016 AC -0.42%
Jan. 21, 2016 AC +6.10% Biggest UP

Avg (+ or -) 1.68%
Bias -0.32%, negative bias on earnings.

With stock at 41.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 39.55 to 42.45
Based on AVERAGE move over last 12 quarters: 40.31 to 41.69
Based on MAXIMUM move over last 12 Q’s (6.1%): 38.50 to 43.50

Open for requests on other symbols.