JD Earnings closed

#Earnings BTC $JD Aug 18th 42 puts for .05. Sold last Friday for .62 (avg price)

#earnings #shortputs JD Bought Aug….

#earnings #shortputs JD
Bought Aug. 18 JD puts for .12, sold for .61 on Friday-thanks Jeff

JD earnings

#Earnings JD.com reports Monday AM. They have a fairly bullish chart and bullish results on earnings.

Sold to Open $JD Aug 18th 42 puts for .60 and .67. May add a couple more if premium increases.
Biggest UP move: 11.4%, Biggest DOWN move: -7.4%, Average move: 4.8%. This trade is 8.5% OTM.

TTD earnings closed

#Earnings Bought to close $TTD Aug 18th 45/40 put spreads for .20. Sold yesterday for .80.

NVDA put closed, and other earnings

#Earnings BTC $NVDA Aug 11th 155 put for 2.37. Sold yesterday for 2.27. Small loss, but nice profits on the multiple 150 puts, so all’s good. Don’t feel like taking assignment in this market, even of only 100 shares.

PLCE is another story. Got until next Friday for recovery to 110. Will keep an eye but no plans to close today.

HCA may have bottomed out this week. Up over 1% today in a weak market. I was assigned shares, recovery above 81 for breakeven.

NVDA

#Earnings #ShortStrangles – Well, after quite a few weeks (months 🙂 ) of rolling and adjusting and collecting premium I’m out with a decent profit on a too big position.

Bought to Close NVDA AUG 11 2017 177.5/160.0 Inverted Strangles @ 20.50 (sold for 27.75)

Was hoping to keep more of it but happy to be out with a winner. Now, looking to get back in on this dip…

$TRIP #ShortCalls #Earnings – Bought…

$TRIP #ShortCalls #Earnings – Bought to close TRIP AUG 11 2017 41.0 Calls @ 0.05 to avoid possible assignment tonight. The stock was over 41 just yesterday.
Originally sold before earnings at 1.10.

NVDA earnings

#Earnings A pretty good earnings report, but going with the market… 1-min cart so far matches the SPX 1-min chart. I will be closing early with profits.

TTD earnings

#Earnings I don’t know this stock and it’s a fairly new issue. It has moved steadily up since IPO. Only three earnings reports; two positive, one slightly negative but recovered within a week. I am using a spread because it is too new and unknown to risk naked.

Sold to Open $TTD Aug 18th 45/40 put spreads for .80. Biggest UP move: 30.1%, Biggest DOWN move: -2.8%, Average move: 13.9%. My short strike is -11.8% OTM, with stock at 51.00.

The Trade Desk, Inc., a technology company, operates a self-service cloud-based platform that enables advertising buyers to create, manage, and optimize data-driven digital advertising campaigns using their own teams in the United States and internationally. Its platform allows clients to manage integrated advertising campaigns across various advertising formats, including display, video, audio, native, and social, as well as on various devices, such as computers, mobile devices, and connected television. The company serves advertising agencies and other service providers for advertisers. The Trade Desk, Inc. was founded in 2009 and is headquartered in Ventura, California.

NVDA earnings

#Earnings Sold to Open $NVDA Aug 11th 150 puts for 1.42 (avg price), and one (1) 155 put for 2.27.

Biggest UP move: 29.8%, Biggest DOWN move: -7.4%, Average move: 10.9%. These strikes are -10.7% and -7.7% OTM respectively (with stock at 168.00).

NVDA selling

#Earnings starting to sell Aug 11th 150 puts before it bounces too much

W – saving pennies

#Earnings Bought to close one (1) $W Aug 11th 80/75 put spread for 4.95. A nickel less than expiration. I will try to close the rest for less.

Earnings this week

#Earnings It looks like $W is a bust, and $PLCE under pressure, too. Wayfair suffers from mediocre earnings report, a weak market, and then more weak retail earnings last night.

NVDA clear the sky

#Earnings Bought to close $NVDA Aug 18th 180 call for 5.30. Sold on June 8th for 4.40. I’ll do an earnings trade tomorrow by selling puts, not calls.

Trades yesterday & this morning

#Earnings #LongCalls #LongStock
Remaining $ZNGA long stock closed yesterday on trail stop for 3.70. Breakeven on that half, small loss on the first half. Over all just under $100 loss on a long-call purchase.

#VXXGame BTC $SVXY Sep 50 puts yesterday for .53. Sold in the 100/180 strangle (after split: 50/90) for 18.95 on March 21st.

#SPXcampaign Overnight: Closed on GTC order: $SPX Aug 17th 2515/2540 call spreads for .20. Sold for 1.60 on July 19th.

This morning: Closed on GTC order: SPX Aug 25th 2525/2550 call spreads for .20. Sold for 1.75 on July 25th.

SPX campaign, Earnings, Sell Short Puts

#spxcampaign
SPX STO 9/8 2350/2375 BUPS @ 1.50 Thank you @jeffcp66
#earnings
$PLCE STO 8/18 110 puts @ 2.20 Thank you @jeffcp66
$GDDY STO 8/18 40 put @ .55
$TRIP STO 8/11 44 calls @ .70 Thank you @optioniceman

#shortputs
$SVXY STO 9/8 75 puts @ 1.75 Thank you @jdietz1954
$BIDU STO 210/220 BUPS @ 2.20

$TRIP #ShortPuts #Earnings – Turned…

$TRIP #ShortPuts #Earnings – Turned my earlier sale of 44.0 Calls into a #Strangle by selling the TRIP Aug 11 2017 33.0 Puts @ 0.25 right at the closing bell.

CBI #earnings Followed from TT-Went…

CBI #earnings
Followed from TT-Went out to Aug 18 for an iron fly 14.50/16.50/16.50/18.50 for 1.46, profitable between 15 and 18, stock at 16.50

$TRIP #ShortCalls #Earnings – Sold…

$TRIP #ShortCalls #Earnings – Sold TRIP Aug 11 2017 44.0 Calls @ 0.70 with the stock at 39.63

SRPT closed

#Earnings #ShortStock Looks like this one may be done going down. Exited my last bit of short stock for 39.90. Cost basis 41.40. However, on half of the original position I took max loss rather than assignment, so overall the trade was a loser.

PLCE earnings

#Earnings #ShortPuts A consistently bullish earnings trade.

Sold to Open $PLCE Aug 18th 110 puts for 2.00. Over 13 days after earnings in last 12 quarters, Biggest UP move: 19.3%, Biggest DOWN move: -4.5%, Average move: 8.2%. A +6.6% positive bias. This trade is -6.4% OTM.

$TRIP #ShortStrangles #Earnings – sold…

$TRIP #ShortStrangles #Earnings – sold some of these. Trying for better prices.
Sold TRIP Aug 11 2017 35.0 Puts/44.5 Calls @ 1.00.
Earnings after the close tomorrow and these expire Friday.

ZNGA stock

#Earnings #LongStock Trailing stop knocked me out of half my position at 3.58. May hold the rest for another day.

W earnings

#Earnings This is a trade I did in 1st quarter that worked nicely. Wayfair has made some big moves on earnings before, which is probably why premiums are so high.

Sold to Open $W Aug 11th 75/80/85 #IronButterfly for 4.25. Max risk .75. Biggest UP move: 28.2%, Biggest DOWN move: -19.6%, Average move: 13.3%. Profits between 75.75 (-3.6%) and 84.25 (+7.2%). Slightly bullish with the trend and high call interest at 80.

ZNGA stock

#Earnings #Assignment #LongStock
Forgot to close my long 3.50 calls on Friday so I was assigned 1,000 shares. I put .05 trailing stop on to enjoy any gain on the day, or close it out before it goes below 3.50. Cost basis is 3.70.

Expirations

Full Profit
$STMP 125/137 BUPS #earnings Thank you @jeffcp66
$REGN 430/440/500/510 #earnings IC Thank you @jeffcp66
Losses
$AAPL 145/150/155/150 Iron Condor #earnings $76 per contract loss
$AMZN 990/1000 BUPS Full Loss
Assigned
$AAOI 65 puts (62.9 basis) Most likely sell on Monday
$WYNN 130 puts (Basis 128.1) Will sell on Monday
$ZNGA 3.50 calls (Basis 3.70) Will sell Monday

Screen Shot 2017-08-05 at 6.55.56 PM

#earnings

#OptionsExpiration #Weeklys #Aug4 – Some…

#OptionsExpiration #Weeklys #Aug4 – Some nice #Earnings trades this week in $CMG $GRMN $TSLA and $UAA.
Also the standard Volatility trades.
Those are becoming harder to find without taking big risks as the $VIX index is hovering near 10.
No assignments this week.

— Expirations —
CMG Weekly Aug 4 2017 300 Puts
GRMN Weekly Aug 4 2017 45.5 Puts
NUGT Weekly Aug 4 2017 36 Calls (Covered)
SVXY Weekly Aug 4 2017 40 Puts
SVXY Weekly Aug 4 2017 42.5 Puts
SVXY Weekly Aug 4 2017 45 Puts
TSLA Weekly Aug 4 2017 250 Puts
TSLA Weekly Aug 4 2017 255 Puts
UAA Weekly Aug 4 2017 23.5 Calls
UAA Weekly Aug 4 2017 24.5 Calls
UVXY Weekly Aug 4 2017 35 Calls (Covered)
UVXY Weekly Aug 4 2017 35.5 Calls (Covered)
UVXY Weekly Aug 4 2017 36 Calls
UVXY Weekly Aug 4 2017 54 Calls
UVXY Weekly Aug 4 2017 55 Calls
UVXY Weekly Aug 4 2017 56 Calls
UVXY Weekly Aug 4 2017 57 Calls
UVXY Weekly Aug 4 2017 58 Calls
UVXY Weekly Aug 4 2017 59 Calls
UVXY Weekly Aug 4 2017 60 Calls
UVXY 25/100 Weekly Aug 4 2017 14 Calls
UVXY 25/100 Weekly Aug 4 2017 20 Calls

Options Expiration 8/4/17

#OptionsExpiration #Earnings

— Expired w/max profit —
ATVI 60 puts
NVDA 160 puts
REGN 440/430 put spread
STMP 137/125 put spreads

— Expired w/max loss —
AAPL 145/150/155 iron butterflys
DISH 62.5/64.5/65/67 iron condors

$TRIP #CoveredCalls #Rollout #Earnings Bought…

$TRIP #CoveredCalls #Rollout #Earnings
Bought to close 1 TRIP AUG 4 2017 40.5 Call @ 0.01
Sold to Open 1 TRIP AUG 11 2017 42.0 Call @ 1.06

ISRG

#Earnings – Here’s one that’s been a work in progress because it’s been so strong. During it’s earnings run up starting last April I’ve been rolling puts up and went inverted as she passed through my short call at about 875. Finally leveled off and I took the stock at a 904 basis. Since then been rolling the ITM call up.

So finally:

Rolled ISRG AUG 18 2017 895.0 Call to SEP 1 2017 900.0 Call @ .40 credit.

Almost back to even. As Sep approaches have to decide whether to say goodbye at even or keep rolling up to finally get some gains. It’s finally showing some weakness. What a run!

TSLA

#Earnings – Stock feels kinda strong so booking this earnings trade now.

Bought to Close TSLA AUG 4 2017 350.0/345.0 Inverted Strangle @ 6.85 (sold for 9.05)

AAOI puts

#Earnings I have not traded this before and normally don’t do the #FallingKnife trades, but too good to resist.
Sold $AAOI Sept 15th 55 puts for 1.25.

AAOI

#Earnings – Managing the earnings implosion. Rolling and selling to get the deltas to a more reasonable level.

Started with a scalp:

Bought to Close AAOI AUG 4 2017 75.0 Calls @ .80 (sold for 1.10)

And got all the short puts into same expiration for simplicity:

Rolled AAOI AUG 11 2017 90.0 Put to SEP 22 2017 85.0 Put @ 1.10 debit
Rolled AAOI AUG 18 2017 85.0 Put to SEP 22 2017 85.0 Put @ 3.07 credit
Rolled AAOI AUG 25 2017 80.0 Put to SEP 22 2017 80.0 Put @ 2.54 credit

Against all of that:

Sold AAOI AUG 11 2017 75.0 Calls @ 1.75

AAOI borrowing ladder idea from…

AAOI borrowing ladder idea from @fuzzballl
Went lower on the strikes and just bullish. Sold:
$AAOI Aug 11 75 puts @ 1.20
$AAOI Aug 18 70 puts @ 1.25
$AAOI Aug 25 65 puts @ 1.25

Go $AAOI!
#Earnings

ATVI earnings

#Earnings Sold to Open $ATVI Aug 4th 60 puts for 1.10 and 1.30. May add more if it continues to drop.

Biggest UP move: 18.9%, Biggest DOWN move: -7.9%, Average move: 5.8%. Upside bias +3.75%. This trade is -4.5% OTM.

AAOI

#Earnings – They did “pre-announce” a few weeks ago with nice results. Could be a sell on the news…who knows. Might wake up in the morning and be at 40 or 140…LOL I’m still taking a small shot anyway. This might be a good one to always have a position or two going for awhile.

Sold these as a package for 11.90:

Sold AAOI AUG 11 2017 90.0 Put @ 4.34
Sold AAOI AUG 18 2017 85.0 Put @ 4.09
Sold AAOI AUG 25 2017 80.0 Put @ 3.47

Then, sold all the matching calls in the first week of the ladder:

Sold AAOI AUG 11 2017 115.0 Calls @ 2.00

So what do I want? Less movement the better but can easily mange anything from 75 to 125. Anything bigger than that will be a little more of a hassle. Market maker move for today is about 10.40…

Earnings today

#Earnings I think the only one I’ll be doing is a bullish trade on $ATVI, selling 60 puts. Order in for 1.10, which will fill only if this thing pulls back intraday. It is flying, as it has been for weeks and it’s earnings moves have been quite bullish.

I have never traded $AAOI but I see that it is also quite bullish. It has had strong moves on earnings in both directions, however, so a little leery on that one.

REGN and SODA closed

#Earnings Bought to close $REGN Aug 4th 500/510 call spreads for .30. Sold yesterday in the 430/440/500/510 #IronCondor for 1.95. I will let the put side expire.

Bought to close $SODA Aug 4th 57.5 puts for .20. Sold Tuesday in the 57.5/55 put spreads for 1.40. Leaving long 55 puts as a lottery ticket.

TSLA

#Earnings – Probably a little early on the management but don’t wanna risk it running away from me. It’s a toss up whether the 50 ma holds or not…

Originally sold 285/345 strangle @ 3.00. She gapped up through the 345 so I :

Sold to Open TSLA AUG 4 2017 350.0 Put @ 6.05 (actually sold 340 first then rolled to 350)

What now?

I’m 350/345 inverted @ 9.05 total credit. If we end the week in between the strikes it’s 4.05 winner. Breakeven now is 341 to 354.

REGN

#Earnings – Don’t trust this thing at all so even though the position looks extremely safe I’m bailing for a decent winner…

Bought to Close REGN AUG 4 2017 450.0/520.0 Strangle @ .40 (sold for 4.50)

TSLA REGN

#Earnings – Unfortunately working last 2 days during market hours. Threw a couple orders in ahead of time….filled on these:

TSLA Aug 4th 285/345 Strangle @ 3.00
REGN Aug 4th 450/520 Strangle @ 4.50

Good luck!

TSLA Earnings

#earnings Aug. 18 285/290/360/365 for 1.07, roughly 9% on both sides

REGN earnings

#Earnings Sold to Open $REGN 430/440/500/510 #IronCondor for 1.95. Filled on the pop up to 475.

Biggest UP move: +6.7% , Biggest DOWN move: -6.3% , Average move: 3.2%. Short strikes are +5.3% and -7.4% OTM.

DISH earnings

#Earnings Sold to open $DISH Aug 4th 62.5/64.5/65/67 iron condors for 1.25. Max risk .75. I placed the order earlier when DISH was around 64.75. It filled after a drop, so now this trade leans bullish.

Biggest UP move: 4.3%, Biggest DOWN move: -6.3%, Average move: 2.1%.

GRMN closed

#Earnings Bought to close $GRMN Aug 4th 51/49 put spreads for .10. Sold yesterday for 1.00.

ZNGA earnings

#Earnings This is a small trade, win or lose about $200. $ZNGA seems to be recovering from lows, so this is a play for a move up to 4.00+.

Bought to open (10) ZNGA Aug 4th 3.5 calls for .20. Biggest UP move: 12.7%, Biggest DOWN move: -15.8%, Average move: 7.3%. Breakeven +4.2% OTM.

STMP earnings

#Earnings Sold to Open $STMP Aug 4th 137/125 put spreads for 1.90. This is one of my favorite earnings trades. It has been strongly bullish for years, including on earnings. Usually go naked but making it a wide condor to manage margin.

Biggest UP move: 38.1%, Biggest DOWN move: -8.3%, Average move: 14.0%. +10.4% bullish bias. This trade is -7.9% OTM.

Closing GRMN

#Earnings trade from yesterday
Bought to close $GRMN Aug 4 46.50 puts @ .01. Sold for .41.

SHOP closed

#Earnings Bought to close $SHOP Aug 4th 80/110 strangles for .15 (legged out). Sold for 1.26 on Monday.

GRPN closed

#Earnings GRPN long straddle didn’t work (needed a big gap) so I sold for .26. Bought yesterday for .62.

ULTI earnings

#Earnings I’m not taking this trade because I’m a bit light on buying power, but worth looking at for the Aug 18th options. That’s 17 days away, and the stock has not fallen more than 12% at any point after earnings, even up to 21-days after. The 200 puts are about 12% OTM. You can be even safer selling the 195 or 190’s. Also nicely below trend channel and 200 ma.

Here are 21-day stats: Biggest UP move: 8.7%, Biggest DOWN move: -5.9%, Average move: 5.0%.

AAPL earnings

#Earnings #IronButterfly 150.00 is a nice round number with higher open interest, so playing this one for a pin on Friday.

Sold to Open $AAPL Aug 4th 145/150/155 iron butterflys for 3.67. Max risk, 1.33.

ONE-DAY moves: Biggest UP move: 6.5%, Biggest DOWN move: -6.6%, Average move: 4.1%.

Today’s earnings: GRPN, GRMN, SODA

#Earnings These orders are all in. May adjust prices if no fill comes soon.

$GRPN Buying the Aug 4th 4 straddle for .62. Biggest UP move: 29.0%, Biggest DOWN move: -26.3%, Average move: 16.0%. -1.59% negative bias. With stock at 3.76, this trade breaks even at +22.9% or -10.1%.

$GRMN Selling Aug 4th 51/49 put spreads for 1.00. Biggest UP move: 16.5%, Biggest DOWN move: -10.7%, Average move: 5.7%. +1.12% positive bias. Bullish chart.

$SODA Selling Aug 4th 57/55 put spreads for 1.00. Biggest UP move: 23.7%, Biggest DOWN move: -8.7%, Average move: 9.1%. A blistering +5.04% positive bias on recent earnings. Seems to be on a bullish run for over a year now.

SRPT short stock

#Earnings #ShortStock

Bought to close $SRPT stock, assigned on earnings on July 21st. Cost basis 41.10.
Yesterday, 100 shares at 41.00
Today, 100 shares at 37.50

Still holding 100 shares with Sept 35 covered put.

AAPL data

#Earnings Here is info on the last 12 earnings moves (1 day) for $AAPL.
Biggest UP move: 6.5%, Biggest DOWN move: -6.6%, Average move: 4.1%. +0.54% upside bias.
May 2, 2017 AC -0.30%
Jan. 31, 2017 AC 6.09%
Oct. 25, 2016 AC -2.24%
July 26, 2016 AC 6.49%
April 26, 2016 AC -6.25%
Jan. 26, 2016 AC -6.57%
Oct. 27, 2015 AC 4.12%
July 21, 2015 AC -4.22%
April 27, 2015 AC -1.57%
Jan. 27, 2015 AC 5.65%
Oct. 20, 2014 AC 2.71%
July 22, 2014 AC 2.60%

With stock at 149.00, the 6.6% max move would be 139.21, and 158.79.

SHOP earnings

#Earnings #ShortStrangles
Sold to Open $SHOP Aug 4th 80/110 strangles for 1.26. Over last 12 earnings, its biggest FIVE DAY moves: Biggest UP move: 18.1%, Biggest DOWN move: -9.8%, Average move: 7.9%. These strikes are +19.9% and -12.8% OTM.

$CMI #earnings STO Put Aug4…

$CMI #earnings STO Put Aug4 with 160 strike, during the last 15 cycles, the highest percentage drop as 6.5% with the average drop at about 3%. Waiting on a good fill now.

Options Expiration 7/28/17

#OptionsExpiration #Earnings #CoveredCalls #ContangoETFs #ShortStrangles #ShortCalls

— Expiring w/Max Profit —
DUST 45 calls
FSLR 49 covered call

— Assignments —
HCA 83.5 puts, taking stock, cost basis 82.30
FSLR 48 covered call, releasing half of stock position

— Expiring w/Loss —
AMZN 1037.5/1042.5/1092.5/1097.5 #IronCondor
AMZN 1030/1050/1070 #IronButterfly
GOOGL 980/1000/1020 Iron Butterflys

EA closed

#Earnings Bought to close $EA July 28th 117 puts for .15. Sold yesterday in the 117/114 put spread for 1.40.

AMZN?

#Earnings I had two each of the #IronButterly and the #IronCondor. I have now closed one of each for less than max loss. Holding the others as it looks possible that AMZN may actually end the day decently.

BTC July 28th 1030/1050 put spread (from the IB) for 19.80. Sold yesterday for 17.875.
BTC July 28th 1037.5/1042.5 put spread (from the IC) for 4.70. Sold yesterday for 3.50.

AMZN Earnings

#Earnings Bought to Close AMZN July 28th 1030/1050/1070 #IronButterfly @ 19.50 (sold for 17.90)

Don’t see it recovering today so taking what I can get and cutting max loss by .50

EXPE closed

#Earnings BTC $EXPE July 28th 50 puts for .10. Sold yesterday for 2.05. Taking few chances on allowing anything to drop on me today.

Jeff Bezos world’s richest man for 12 hours

#Earnings Swing and a miss for $AMZN, after opening at all-time highs yesterday, stock way down this morning on a fairly big earnings miss. EA also down, EXPE flat.

Everything looking under pressure today.

Expired, Closed Early and Sell Premium

Expired
#spxcampaign
$SPX 7/26 2475/2450 BECS @ Max Loss

Closed Early
#earnings
$GOOGL BTC 7/28 1017.50/1007.50 BECS @ 97% profit
#spxcampaign
$SPX BTC 7/28 2505/2480 BECS @ 56% profit
#shortputs
$NFLX BTC 8/4 200/190 BECS @53%

#shortputs
$WYNN STO 8/4 130 put @ 1.90
$SVXY STO 8/11 85 put @ 1.50

FSLR covered calls

#Earnings I’ve held FSLR stock for a long time and a long ways down. Ready to unload it if these fill.
STO FSLR July 28th 48 call for .77
STO FSLR July 28th 49 call for .56

$AMZN #ShortPuts #Earnings – Sold…

$AMZN #ShortStrangles #Earnings – Sold AMZN Jul 28 2017 940.0 Puts/1190.0 Calls @ 1.00 with the stock at 1044

AMZN Earnings, Pt. 2

#Earnings Sold to Open $AMZN July 28th 1030/1050/1070 #IronButterfly for 17.85. Max risk, 2.15. Trying for another at a better price, but 18.00 is not filling.

EA earnings

#Earnings Sold to Open $EA July 28th 117/114 put spreads for 1.40, with stock at 116.50. This was trading at 120 an hour ago. Bullish stock, decent r/r. (Max risk 1.60).

Biggest UP move: 13.7%, Biggest DOWN move: -7.5%, Average move: 5.9%. Upside bias: +2.46%

EXPE earnings

#Earnings #ShortPuts Sold to Open $EXPE July 28th 150 puts for 2.05.
Biggest UP move: 12.9%, Biggest DOWN move: -11.5%, Average move: 6.5%. This trade is -2.3% OTM. Bullish stock… the -11.5% down move was in Feb 2015 and is an outlier. Next biggest down move was only -2.2%.

AMZN Earnings

#Earnings Volatility in the last few minutes got me filled on this, despite very wide bid/ask spreads.
Sold to Open $AMZN July 28th 1037.5/1042.50/1092.5/1097.5 #IronCondor for 3.50. Max risk, 1.50. Set the order when AMZN was at 1068, filled when it was at 1053.

Over last 12 quarters, Biggest UP move: 14.1%, Biggest DOWN move: -9.6%, Average move: 7.4%. This trade is +3.8% and -1.0% OTM.

When you reduce to the last 6 quarters, the moves are smaller: Biggest UP move: 9.6%, Biggest DOWN move: -7.6%, Average move: 4.6%.

Also considering a 20-point wide #IronButterfly, which I may sell at end of the day.

GILD

#Earnings – Bought 71/74/77 Iron flies @ 1.75 (sold for 2.15)…..small winner

GILD

#Earnings – Sold 71/74/77 Iron flies @ 2.15

Risk 85 to make 215…3 wide on a 3.45 expected move.

VRX

#Earnings coming in a couple weeks and I’m planning on something fairly aggressive to the long side in an #IRA so booking my #LongCallDiagonals for nice profits in a different account…

Sold to Close VRX JAN 18 2019 10.0 Calls /// Buy to Close VRX AUG 18 2017 18.0 Calls @ 8.06 credit (bought for 4.78)

Leaving the 7.5/5.0 Bull put spreads on for now…

Earnings fizzle

#Earnings It seems volatility is just too low to find any decent earnings trades today. Not even FB seems to have any premium worth going for.