#Earnings Bought to close $BA July 28th 215/210 put spreads for .10. Sold for 2.50 yesterday.
Tag Archives: Earnings
GOOGL
#Earnings – Out all day so just stuck an order in to get out at breakeven. Filled pretty quickly…
Bought to Close GOOGL 980/1000/1020 iron fly @ 17.75 (sold for 17.75)
Closed Earnings Trade Early $GOOGL
#earnings
Closed Call Side Early
$GOOGL BTC 7/28 1017.50/1007.50 @ .10 STO yesterday @ 3.74.
BA earnings
#Earnings Sold to open $BA July 28th 215/210 put spreads for 2.50. Finally filled after waiting all day so I could get the 1:1 trade. Bullish trade. Over last 12 quarters, Biggest UP move: 5.4%, Biggest DOWN move: -8.9%, Average move: 3.2%. This trade needs a 1.8% move up for max profit; 0.9% down is breakeven.
Earnings today
#Earnings Looking at an ATM put spread on $BA – bullish chart and bullish bias on earnings.
Can’t find a trade I like in $CMG, or anything that good on the rest.
Whadda you got?
CAT puts
#Earnings #ShortPuts
Bought To Close $CAT Aug 18 100 puts @ .16, taking 90% at 24 DTE, STO Jun 1 @ 2.30. On good earnings report $CAT up almost 4.0%
NVDA puts
CAT Earnings
#earnings July 28 follow from TT 104/108/108/112 for 2.77
GOOGL Earnings
#earnings #ironcondor followed from TT
July 28 930/932.50/1020/1025 for 1.41
GOOGL earnings
#Earnings Sold to open $GOOGL July 28th 980/1000/1020 #IronButterfly for 17.50. Leans bullish for a PIN at 1,000. Profit zone between -1.3% and +2.3% OTM, when stock is at 995.00. I sold 2, so max loss $500, max gain $3,500.
HCA earnings
#Earnings Pretty straightforward… Very small moves on earnings. I’m selling options that are fairly close to the money, and yet still outside it’s 12-quarter earnings move range. Biggest UP move: 2.2%, Biggest DOWN move: -2.6%, Average move: 1.1% . These strikes are 2.9% OTM.
Sold to Open $HCA July 28th 83.5/88.5 strangles for 1.20.
#earnings MCD Aug 18 iron…
#earnings MCD
Aug 18 iron condor 140/145/160/165 for .92 each, MCD is at 152.
GOOGL earnings
#Earnings $GOOGL has not been a big mover in the last few years, save for one large move up in July 2015. Looking at the last 12 quarters, the stats are: Biggest UP move: 16.3%, Biggest DOWN move: -5.4%, Average move: 4.3%.
If you remove the one 16% outlier, it changes to: Biggest UP move: 5.6%, Biggest DOWN move: -5.4%, Average move: 3.0%. You would have to go back to Jan 2012 for a move DOWN over 6%.
So, selling puts is safer than calls, and the range for either has been fairly tight, save for July 2015.
$CMG #Earnings – Sold 1…
$CMG #Earnings – Sold 1 CMG JUL 28 2017 300.0 Put @ 1.10 with the stock at 342.76.
Options Expiration 7/21/17
#OptionsExpiration #Earnings Decent start to earnings season, but a mistake with SRPT, where my position size was bigger than my normal risk level, so that loss significantly lowered the earnings profits for the week. I’m sticking with half the trade via assignment. Small losses with JNJ and UAL, but wins with FIZZ, NFLX, V, ISRG, MDSO, IBM, and PII.
— Expiring w/Max profit —
DRIP 28 calls
DUST 42 calls
ISRG 900/875 put spreads
NFLX 155/152.5 put spreads
NFLX 160/157.5 put spreads
PANW 130 put
PII 80/85/100/105 condors
— Assignments —
PANW 135 call, releasing my last batch of stock, now flat. Earnings trade entered Feb 28th, assigned stock, dipped as low as 107.31, then recovered to get me out. Made double the originally intended profit in 21 weeks (rather than the originally intended 1 week).
SRPT 39.5 calls, assigned short stock, cost basis 41.10 (half of position)
— Expiring with losses —
JNJ 130/132/133/135 condors, sold for 1.39 on Monday, loss .66
SRPT 28/31/36.5/39.5 condors, sold for .70, loss 2.30 (half of position)
UAL 78/80/82 call butterfly, loss of .40
Visa and SRPT earnings
#Earnings Sold to Close remaining $V July 21st #BrokenWingButterfly. Bought for 1.68, closed for 3.52 avg, so 1.84 profit.
Sold to close half of my SRPT July 21st 39.5 long calls for 3.90. This will assign me short shares at 41.10 cost basis. Taking max loss on the other half of the 36.5/39.5 call spread, as I don’t want to strain my margin by taking too large a short stock position.
AAOI
#ShortPuts – This was an #Earnings play but with the big run up I’m gonna book it too. Hopefully we get a weak day before earnings to sell something else…
Bought to Close AAOI AUG 4 2017 65.0 Puts @ 1.10 (sold for 2.25)
WYNN
#ShortStrangles – #Earnings next week….
Bought to Close WYNN JUL 21 2017 133.0 Puts @ .10 (sold for 3.25)
Sold WYNN JUL 28 2017 133.0 Put @ 3.30
Sold WYNN JUL 28 2017 134.0 Put @ 3.81
Sold WYNN JUL 28 2017 135.0 Put @ 4.29
Selling aggressively against Dec 120 ITM calls. Been in this thing for a year now and love it. Good premium and easy to roll.
URI
#Earnings #ShortStrangles #BullPutSpreads – Closed this the day of the announcement whenever that was…
Bought to Close URI JUL 21 2017 114.0/128.0 Strangle @ .45 (sold for 2.45)
Bought to Close URI JUL 21 2017 120.0/115.0 Bull Put Spread @ .33 (sold for 2.25)
Visa trade, partial closed
#Earnings #BrokenWingButterfly Sold to close one of my lots for 3.26 (legged out). Watching the rest. 96/100/102 call BWBF bought yesterday for 1.68.
FIZZ a wild one
#Earnings After it peaked above 110 yesterday and I dumped my 103.5 shorts for .15 and taking a nice profit on this earnings trade, it just opened with a spike down to 101.00. Was able to sell one of my long 100 puts for .40. Pretty volatile stock, intraday. Might be worth watching for options trades.
NVDA ITM put
#Earnings #Rolling #ReverseRoll
After flipping to being mostly long from my busted short calls last quarter, I just closed the
$NVDA July 21st 175 put for 7.68 to avoid possible early assignment overnight. This was sold for 21.75 on June 9th (inside the 175/145 put spread for 17.00).
I would like to continue playing this one long so I will look for the next pullback to replace it.
Also, BTC NVDA July 21st 160 put for .06, just to be safe. Sold for 10.50 on June 8th.
Visa broken-wing
#Earnings #BrokenWingButterfly
Bought to open $V July 21st 96/100/102 BWBF for 1.68. This buy 1×96 call, sell 2×100 calls, and buy 1×102. The trade has bullish bias… top profit of 2.32 if it ends Friday at 100. Minimum profit of .32 no matter how high it goes. Max loss 1.68 below 96.00.
Visa has a bullish chart with high open interest at 100.
Biggest UP move: 10.2%, Biggest DOWN move: -3.6%, Average move: 3.4%. Top profit is at +1.6%.
FIZZ earnings closed
#Earnings Bought to close $FIZZ July 21st 103.5 puts for .15. Sold in the 103.5/100 put spreads for 1.25 on July 12th. Rode through a dip below 95 before recovering. Good thing I had 7 days in the trade!
ISRG earnings
#Earnings Sold to Open $ISRG July 21st 900/875 put spreads for 1.15. Not a great risk/reward, but high probability given its mostly minor moves down on earnings, highly bullish chart and sector.
Over last 12 earnings, Biggest UP move: 17.7%, Biggest DOWN move: -5.6%, Average move: 5.7%. This trade is -6.7% OTM.
EDIT: you might be able to get more for this… bid/ask spreads very wide but I was filled immediately on mid price. Try for more premium and back your way down until filled.
Earnings update
#Earnings $PII looking good but $SRPT setting up for its biggest UP ever on earnings… currently outside my condor. Someone tame this thing.
$URI #ShortPuts #Earnings – Sold…
$URI #ShortPuts #Earnings – Sold URI Jul 21 2017 108.0 Puts at 0.36 with the stock at 118.75.
These expire in 2 days
URI
#Earnings – Two trades in one playing it slightly to the bullish side…something different for fun since I couldn’t decide which one to do. LOL
Sold 1 URI JUL 21 2017 120.0/115.0 Bull Put Spread @ 2.25
And outside that Sold 1 URI JUL 21 2017 114.0/128.0 Strangle @ 2.45
PII earnings
#Earnings Have not traded this before, but decent premium available outside its average range (although not outside its largest moves).
Sold to Open $PII July 21st 80/85/100/105 #IronCondors for .75. Biggest UP move: 9.3%, Biggest DOWN move: -10.2%, Average move: 5.1%. Short strikes are about +7.7% and -8.5% OTM
SRPT earnings
#Earnings Sold to Open $SRPT July 21st 28/31/36.5/39.5 #IronCondor for .70. Low priced stock means risk is lower if assigned… strangle worked nicely last quarter, making it a condor this time due to exceptionally better margin requirement my broker is giving me versus a strangle.
Over last 12 earnings, Biggest UP move: 7.2%, Biggest DOWN move: -8.8%, Average move: 5.2%. My short strikes are about +/- 8.0% OTM.
URI
IBM closed / Earnings updates
#Earnings Bought to close $IBM July 21st 152.5/155 call spreads for .15. Sold yesterday for 1.25 and 1.30. Revenue down for 21st straight quarter. Ouch.
UAL trade a bust, but a low cost entry. Need a news story to push it back to 80 by Friday.
FIZZ trade from last week had fizzled but may recover to a smaller loss by Friday.
JNJ tight condor, closed the short 132 puts for .05, need it to settle below 134 for profit zone.
NFLX, MDSO, winners of the week so far.
NFLX UVXY yesterday
Was out all day yesterday but filled on a couple standing orders I had…
Bought to Close NFLX JUL 21 2017 160.0/155.0 Bull put spreads @ .10 (sold for 2.05) Thanks @Jeff !
Sold UVXY Jan 19 2018 30.0/40.0 Bear call spreads @ 2.20
Sold UVXY Jan 18 2019 10.0/25.0 Bear call spreads @ 5.08
Sold UVXY Jan 18 2019 5.0/15.0 Bear call spreads @ 5.04
UAL earnings
#Earnings #CallButterfly $UAL is not a big mover on earnings. There is high Open Interest at the 80 put and call strike. Chart mildly bullish. So this butterfly profits best if we end the week at 80. Max loss is only the cost of the spread, .40. Max gain 1.60.
Bought to Open $UAL July 21st 78/80/82 call butterflys for .40. Biggest UP move: 4.5%, Biggest DOWN move: -4.3%, Average move: 1.6%. Breakevens at 78.40 and 81.60.
IBM earnings
#Earnings In such a bullish market I rarely sell ATM call spreads, but this one seems a pretty good candidate. Only one time in last 12 quarters has the stock gone up on earnings, and the chart looks bearish. Risk/reward ratio 1:1.
Sold $IBM July 21st 152.5/155 call spreads for 1.25. Max risk 1.25. Biggest UP move: 2.2%, Biggest DOWN move: -7.1%, Average move: 3.6%.
$IBM #ShortPuts #Earnings – Sold…
$IBM #ShortPuts #Earnings – Sold IBM Jul 21 2017 141.0 Puts @ 0.41 with the stock at 152.50
$GWW #ShortPuts #Earnings – Sold…
$GWW #ShortPuts #Earnings – Sold GWW Jul 21 2017 155.0 Puts @ 0.75 with the stock at 171.74.
This stock has gotten crushed since the last earnings report but the 3 year low was recently set at 167.44.
With it’s decent dividend I’d be inclined to take the stock at the strike price and start selling covered Calls.
MDSO earnings closed
#Earnings Closed $MDSO July 21st puts for .05. Sold yesterday for 1.65.
So far today, looking at an ATM call spread on IBM (bearish) and a call butterfly at 80 for UAL.
GS
#Earnings – Another low probability, low risk, high reward, iron fly. Need slightly lower and inside the expected move.
Sold GS JUL 21 2017 225.0/227.5/230.0 Iron flies @ 2.16
Risk 34 to make 216…not likely but still worth a shot.
MDSO earnings
#Earnings Sold to Open $MDSO July 21st 75 puts for 1.65, with stock at 81.68. Bullish chart, bullish bias on earnings results. Biggest UP move: 20.7%, Biggest DOWN move: -10.3%, Average move: 9.4%. This trade is -8.2% OTM.
Looking at some possible butterflys in GS, LMT, UNH, but I will assess later.
JNJ earnings
#Earnings Sold to Open $JNJ July 21st 130/132/133/135 iron condors for 1.39. Max risk .61.
Biggest UP move: 5.0%, Biggest DOWN move: -3.1%, Average move: 2.0%.
With stock at 132.50, the breakevens are +/- 1.0% OTM.
$NFLX #ShortPuts #Earnings – Sold…
$NFLX #ShortPuts #Earnings – A few more
Sold NFLX Jul 21 2017 138 Puts @ 0.42.
Sold NFLX Jul 21 2017 137 Puts @ 0.37
$NFLX #ShortPuts #Earnings – Sold…
$NFLX #ShortPuts #Earnings – Sold NFLX Jul 21 2017 139 Puts @ 0.47.
Multiple lows from early Feb thru mid April in this area create a nice floor.
edit: Added on at 0.52
AAOI
#BullPutSpreads – Just for fun…can’t get hurt too bad with a small position. Sold the week before #Earnings .
Sold AAOI JUL 28 2017 90.0/80.0 Bull put spreads @ 6.25
Options Expiration 7/14/17
#OptionsExpiration #Earnings #VXXGame
— Expiring —
PEP 110/113/117/120 iron condors. Sold for .85 on Tuesday
SVXY 140 put. Sold for 2.75 on July 5th.
Also, closed on GTC order after the bell: UVXY July 28th 20 calls for .03. Sold for .60 on July 6th.
APRN #ShortPuts My daughter, a…
APRN #ShortPuts
My daughter, a working mom of three, four if you include son-in-law husband, is an avid consumer of Blue Apron. She wanted to buy APRN IOP on opening, classic emotional stock buy reaction to a liked product, to which, I said there are too many unknown variables now, wait for earnings. As an update for her today, I suggested the Jan 18, short 5 put, @ .80 with OI of over 8k, IV 105%…she doesn’t know options…no trading today for her! P.S. son-in-law is a pretty good guy!!!
Keeping this one on the watchlist. http://tinyurl.com/ycc3xha9
No ex today, going out to attack the morning glory weeds before they consume the ole dog!
Have a great weekend…
AAOI earnings
#Earnings #ShortPuts – This thing caught an upgrade today and looks like a possible short squeeze. IV through the roof for earnings also. Gonna go ahead and take an earnings shot at the 50ma. Selling now in case she continues up but can still add on a pullback. Thanks @Bobbie and everyone else that’s been watching this one…
Sold AAOI AUG 4 2017 65.0 Puts @ 2.25
#earnings JPM Followed from TT…
#earnings JPM
Followed from TT July 21 90/91/91/92.50 put butterfly for a debit of .31, profitable below 92.18
FIZZ earnings
#Earnings Never traded this one before but it has some decent premium and a very bullish trend, and bullish historical moves on earnings. It moved up quite a lot in the last week so a pullback may be in order, so this almost-ATM spread is lower probability but decent risk/reward.
Sold to Open $FIZZ July 21st 103.5/100 put spreads for 1.25.
Biggest UP move: 10.7%, Biggest DOWN move: -3.5%, Average move: 3.5%. This trade is -0.7% OTM.
PEP earnings
#Earnings #CoveredCalls Sold to Open $PEP July 14th 110/113/117/120 iron condors for .85. Biggest UP move: 2.5%, Biggest DOWN move: -1.6%, Average move: 1.0%. The strikes are about 1.7% OTM with stock at 115.00
FB covered call
#Earnings #CoveredCalls
Yesterday, bought to close $FB July 21st 155 call for .60. Sold for 2.60 on June 19th. Using my last 100 shares as a #CoveredCallCampaign, selling and rolling calls as stock moves higher.
#earnings MU bought 26/37 strangle…
#earnings MU bought 26/37 strangle for .11, sold for 1.06
Margin release
#ContangoETFs BTC $NUGT July 21st 50 call for .05. Sold for 1.25 on June 6th.
#Earnings BTC $AZO Sept 15th 480 put for 3.10. Sold for 3.70 on May 24th. Overall earnings trade turned out nicely profitable, so I don’t need this extra put that gobbles up too much margin to wait another month or two.
Options Expiration 6/30/17
Happy Half Year everyone! See you on a short trading day Monday.
Only 1 expiration: $MU 27.5/35 strangles, sold yesterday for .87
#earnings LULU On March 29…
#earnings LULU On March 29 I sold a 66 strangle but bought some protection in the form of a 60 put ( a call spread as well). LULU tanked but after selling calls and a couple puts I say bye bye LULU at 54 with a cost basis of 52 ( 7 points below LULU today). I declare victory.
STZ earnings closed
#Earnings Bought to close $STZ July 21st 170 puts for .10. Sold Wednesday for 1.15.
#earnings MU Sold a July…
#earnings MU
Sold a July 21 26/37 strangle for 1.06, earnings are tonight
MU earnings
#Earnings Sold to Open $MU June 30th 27.5/35 strangles for .87, when MU was at 31.58. Biggest UP move: 12.7%, Biggest DOWN move: -18.2%, Average move: 6.0%. These strikes are -12.9% and +10.8% OTM
DRI earnings
#Earnings Was filled on this yesterday but was unable to post as I’m at Long Beach, WA, for a couple days.
Sold to open $DRI July 21st 82.5 puts for 1.15. Trade looks good with the positive open.
ACN earnings
#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.
ADBE earnings
#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.
Expiration (not me yet, some stocks)
#optionsexpiration
$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
Assigned
$SJM @130 Basis 127.61
Have a great weekend and a terrific Father’s Day to all celebrating.
Options Expiration 6/16/17
#OptionsExpiration #VXXGame #Earnings
—Expiring—
AZO 720 calls
NVDA 135 put
PANW 135 call
THO 80 puts
SVXY 95,100,105,115,120,135, and 140 puts
—Assignment—
PANW 130 call, half of remaining stock called away, cost basis 126.69.
NVDA put closed
#Earnings BTC $NVDA June 16th 152.5 put for 1.08 to avoid assignment. Sold for 2.65 on June 8th.
AZO down
#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.
Getting out of the zone
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.
FB covered call mgt
#Earnings #CoveredCalls
BTC $FB June 16th 150 call for 1.35. Sold for 3.75 on May 24th. Will look to reload at a higher strike.
PANW mgt
#Earnings #CoveredCalls Sat through its jaunt to the low teens and now managing ITM covered calls, plus one naked call, at 130 and 135.
On Wednesday: BTC PANW June 16 & 23rd 110 puts for .05. Sold for 3.30 and 2.65 in May.
Today: BTC PANW June 16th 130 put for .35. Sold for 15.30 on May 19th, a roll of a roll from busted earnings trade.
STO July 21st 130 put for 2.20
NVDA freight train
#Earnings #Rolling
Made these trades on today’s obvious bullish action:
BTC NVDA June 30th 150 call for 7.75. Sold for 3.00 on May 24th
STO NVDA June 16th 152.5 put for 2.65 (ATM)
STO NVDA July 21st 160 put for 10.50 (ITM)
STO NVDA Aug 18th 180 call for 4.40
Also still short the July 21st 150 call, which I hope to roll on a pullback but may get stuck further ITM.
SJM earnings closed
#Earnings Bought to close $SJM June 16th 130 straddle for 3.00. Sold yesterday as the 120/130/140 #IronButterfly for 5.25. This leaves long lottery tickets at 120 and 140, but otherwise risk is off with 2.25 profit.
THO earnings closed
#Earnings Bought to close $THO June 16th 110 calls for .20. May close the 80 puts for .05 or allow to expire. Strangle sold for .97 on Monday.
SJM earnings
#Earnings Sold to Open $SJM June 16th 120/130/140 #IronButterfly for 5.25. Biggest UP move: 7.9%, Biggest DOWN move: -8.1%, Average move: 3.7%. Breakevens at expiration are +/- 4.0% OTM.
PLAY play played
#Earnings Bought to close $PLAY June 16th 65 puts for .15. Sold yesterday for 1.50.
PLAY earnings
#Earnings Playing PLAY with BULLISH sentiment, trading with the trend.
Sold $PLAY June 16th 65 puts for 1.50.
13-DAY moves: Biggest UP move: 24.0%, Biggest DOWN move: -13.2%, Average move: 11.0%. This trade is -6.4% OTM.
SPX Campaign and Earnings Trade $THO
#spxcampaign
$SPX STO 6/21 2360/2385 BUPS @ 1.50
#earnings
$THO STO @jeffcp66 80/110 straddle @ .95 Let’s hammer out some profits.
Options Bistro 