#Earnings Sold $CHTR May 5th 325/370 strangles for 2.30 (each side sold separately for 1.15). Biggest UP move: 9.2%, Biggest DOWN move: -7.9%, Average move: 3.6%. My strikes are +7.2% and -5.8% OTM.
Tag Archives: Earnings
Expired and Closed Early
#optionsexpiration #earnings
$EXPE 126/146 Strangle for earnings Thank you @jeffcp66
$PEP 112/115/118/115 IB Earnings Loss of $20 per contract
$SVXY 70 put
$SVXY 115 put
$UVXY 24.50 call
$UVXY 23 call
#spxcampaign
Closed Early
$SPX BTC 4/28 2405/2380 BECS @ 3.50 STO @ 3.60
Have a great weekend everyone. Weather warming up on the East Coast. Golf!
Options Expiration 4/28/17
#OptionsExpiration #Earnings #ShortStrangles #CoveredCalls #IronButterfly
— Expired —
EXPE 126/146 strangles
PANW 117 covered call
SRPT 31.5 puts
— Assignment —
PEP 115 puts
#earnings This week I had…
#earnings This week I had trades on BIDU,EXPE,SRPT, SBUX and CMG, all expiring May 19, I’m successfully out of 4, SBUX gamble has not worked, small loss. Other than SRPT which was a strangle, the others were #ironcondors. We know there is usually more premium going out further but often don’t get the volatility crush, but have more time for adjustment if it’s needed. I essentially followed Jeff’s trades, tweaking them for my margin needs. Tried for a strangle on X, fortunately wasn’t filled, and an IC on FFIV that wasn’t filled, would be a maybe.
FB roll
#Earnings #CoveredCalls #Rolling
This will extend my 15-month earnings trade even longer. I’m left with only 100 shares from the trade that started in Jan 2016 and finally became profitable in December.
BTC $FB Apr 28th 145 covered call for 4.95
STO $FB May 12th 147 covered call for 5.25
I gained .30 on the roll, and an extra $200 if I am called away after earnings. I may keep this position as an exercise in rolling covered calls. I plan to initiate new earnings trades next week when it reports on Wednesday.
Lucky fill
#Earnings BTC $ANTM 170/175 call spreads for 4.89. These were set to expire, costing me 5.00, but I put in an order for 4.90 just in case I got a fill… saved 11 cents! Unless, of course, it closes below 174.89, in which case I’m not so lucky.
#Closed Early #SPX Campaign #Short puts #Long Calls
Closed Early
#spxcampaign
$SPX 5/5 BTC 2455/2430 @.30 79% profit
#longcalls #earningstrade
$SRPT STC 4/28 35 Calls @ 3.00 BTO 4/26 @ 2.30
#shortputs
$AMZN STO 5/5 930 Put @ 7.10
$ULTA STO 5/19 270/275 BUPS @ 1.00 #earnings
#spxcampaign
$SPX STO 5/26 2275/2300 BUPS @ 1.45 Thank you @jeffcp66
#longcalls
$NFLX BTO 6/16 150 call 6.40 Expect stock to appreciate as result of $BIDU deal
Earnings updates
#Earnings
BTC $AMZN 920/950 call spreads for 22.00. Sold yesterday for 24.15 (as #IronButterfly)
BTC $SRPT 38.5 calls for .80. Sold yesterday for 1.75 (as 31.5/38.5 strangles).
$FFIV, order in to close 126 puts for .10 (sold as 126/146 strangles for 1.00)
$EXPE 126/146 strangles sold for 1.05… allowing to expire
$PEP 112/115/118 iron butterflys sold for 1.85; early-assigned some stock at 115; going to take assignment on the rest and own stock with 113.15 cost basis.
$ANTM 165/170/175 IB sold for 3.50; the loser for the week. Will allow execution for 5.00, so 1.50 loss.
$DPZ May 19th 165 puts. Order in to close for .05.
All this plus the CMG win… only one loss and one assignment so a very good week!
#Earnings #Short Puts # Closed…
#Earnings #Short Puts # Closed Early # Expiration
#earnings
$EXPE 4/28 126/146 Strangle @ 1.06 Thank you @jeffcp66 Stock down to 134 after hours. So far so good.
$BIDU 5/19 165/170/205/200 IC @ 1.20 (OMM Trade) Stock down to 179.50 after hours. So far so good.
Trade
#shortputs
$AAL STO 5/12 42.50 put @ .49 Thank you @honkhonk81 via Bridget @ OMM
Closed Early
Half smart or more likely prudent
$GOOGL STC 5/19 850 call @ 30.80 Bought 4/18 for 22.30. Did keep a GOOGL long call through earnings. Is a YIPEE in order?
Expired
#spxcampaign
$SPX 4/26 2410/2385 BECS at a 55 cent per contract loss.
AMZN iron butterfly
#Earnings My order is in to sell $AMZN Apr 28th 890/920/950 IB for 25.00. Will consider lowering my ask if no fill by 3:30 ET.
CMG earnings (and others)
#Earnings BTC $CMG 520 calls for .05. Sold strangles for 2.50, all closed now for .10 total.
$FFIV hovering around my short 126 puts. Will hold until tomorrow
$DPZ up as needed; order in to close for .05, with May 19th expiry
$PEP still needs a lift toward 115 to be profitable. Yesterday closed the 115 short calls for .05.
$ANTM needs to drop below 173.50… not too likely
EXPE earnings
#Earnings Sold to Open $EXPE Apr 28th 126/146 strangles for 1.05. Over last 12 earnings, Biggest UP move: 12.9%, Biggest DOWN move: -11.5%, Average move: 6.6%. These strikes are -7.7% and +7.0% OTM. I’m playing inside its max moves, but its more recent reports have been milder.
SRPT earnings
#Earnings Sold to Open $SRPT Apr 28th 31.5/38.5 strangles for 1.75. Over last 12 earnings, Biggest UP move: 7.2%, Biggest DOWN move: -9.3%, Average move: 5.6%. These strikes are -10.5% and +9.4% OTM.
Biotech stocks can be wily, so trade carefully. This one, however, does not typically have huge earnings moves.
AMZN earnings
#Earnings Tough call here… it has run so hard and strong hard to believe it will =go too much higher on the report, even though I think it will break 1,000 later this year. At same time, will it really take a dip on earnings, like last quarter?
I’m considering another wide butterfly, like @fuzzballl‘s idea last quarter. It took stock assignment and an extra week but worked in the end.
Thoughts out there?
Earnings for today
#Earnings Sold a strangle on FFIV and puts on DPZ (both posted below). I’m trying for three others that probably won’t fill… no plans to adjust so if they don’t fill, no trade:
$PYPL Apr 28th 44.5/43.5 put spread for .50
$ALXN Apr 28th 112/133 strangle for 1.00
$EQIX May 19th 380 puts for 2.75
Anyone trying for other symbols?
DPZ earnings
#Earnings #ShortPuts Sold to Open $DPZ May 19th 165 puts for 1.10. A strong performer on earnings and overall. Willing to go with 23 days until expiration. May try to sell 210 calls if it rallies into the close.
On last 12 reports, its move after 21 days: Biggest UP move: 15.8%, Biggest DOWN move: -8.5%, Average move: 6.7%. This trade is -8.7% OTM.
Earnings updates
#Earnings from yesterday
Bought to close $CMG Apr 28th 430 calls for .05. Order in to close 520 calls for same. Strangle sold yesterday for 2.50.
$PEP, needs to rise closer to 115 by weeks end. Has a good shot. Sold 112/115/118 IB for 1.85.
$ANTM, needs to fall toward 170 by week’s end. Less likely to work than PEP; should have leaned bullish on this one, and as you can see from yesterday’s post, I realized it right after my trade executed! Sold 165/170/175 IB for 3.50.
FFIV earnings
#Earnings #ShortStrangles
Sold to Open $FFIV 126/150 strangles for 1.00. Over last 12 earnings, Biggest UP move: 9.6%, Biggest DOWN move: -10.0%, Average move: 5.1%. These strikes are each 8.7% OTM.
Earnings Gambling WYNN
#earnings
$WYNN STO 5/5 1o5/110 BUPS @ .60
PEP earnings
#Earnings Slightly bullish #IronButterfly, since it worked for me last quarter. Usually only minor moves on earnings.
Sold to Open $PEP Apr 28th 112/115/118 IB for 1.85.
ANTM earnings
#Earnings Not a big mover on reports, and decent R/R.
Sold to Open $ANTM Apr 28th 165/170/175 #IronButterfly for 3.50. Max risk 1.50. Over last 12 earnings reports, Biggest UP move: 5.5%, Biggest DOWN move: -4.7%, Average move: 2.8%.
This trade is not taking into account the bullish trend. A better positioning might be around the 172.5or 175 strike, or broken-wing with bullish bias.
CMG earnings
#Earnings Sold to Open $CMG Apr 28th 430/520 strangles for 2.505 (avg price). Over last 12 earnings reports, Biggest UP move: 11.8%, Biggest DOWN move: -9.3%, Average move: 6.8%. These strikes are -8.5% and +10.6% OTM respectively. Leaning bullish because that’s what the option prices are doing; despite being further from current price, the 520 call is going for twice the price of the 430 put.
RGLD position closed
#Earnings #Gold This was an earnings trade gone bad… assigned with an 85.00 cost basis back in August, stock dropped to 60 a couple times… finally put a trail stop on it and the final batch closed today. I don’t tend to wait forever for recovery on these assignments. My mistake was not putting stops on the stock at the beginning, since it did recover into profit territory briefly. Dividends and covered calls brought my cost basis down to the high 70’s… average stock sale around 69.00.
ISRG
#Earnings #ShortStrangles – Could let this thing go at breakeven today but….it’s brought in nice premium so I’m gonna give it another week and try to get one side to expire then work with the other side for awhile.
Rolled 815/800 inverted strangle out to next week’s 817.5/815 inverted @ .20 credit.
New position is now 817.5/815 inverted @ 15.33
I’d prefer the call side to expire since the put should be easier to roll. Another option would be to roll whatever side is left out to a new, wider strangle.
$URI #ShortPuts #Earnings – Bought…
$URI #ShortPuts #Earnings – Bought to close URI Apr 21 2017 105.0 Puts @ 0.05. They won’t trade any lower. Sold these yesterday.
#earnings Tonight After the bell:…
#earnings
Tonight After the bell: V
Tomorrow before the Bell: HON, SLB, KSU, GE
Anyone???
$URI #ShortPuts #Earnings – Bought…
$URI #ShortPuts #Earnings – Bought to close URI Apr 21 2017 104.0 Puts @ 0.05. They won’t trade any lower. Sold these yesterday.
$AXP #ShortPuts #Earnings – Bought…
$AXP #ShortPuts #Earnings – Bought to close AXP Apr 21 2017 72.0 Puts @ 0.01. They won’t trade any lower. Sold these yesterday.
Other trades on Wednesday
#Earnings #Rolling #ITMroll #ContangoETFs #VXXGame
Bought to close $PANW Apr 21st 135 put for 25.50, to avoid early assignment.
Sold to Open PANW May 17th 135 put for 25.90
Sold to Open $DUST May 21st 35 calls for 1.40
Sold to Open $SVXY May 21st 90 puts for 1.95
$URI #ShortPuts #Earnings – Sold…
$URI #ShortPuts #Earnings – Sold URI Apr 21 2017 104.0 Puts @ 0.30 with the stock at 119.26
$AXP #ShortPuts #Earnings – Sold…
$AXP #ShortPuts #Earnings – Sold AXP Apr 21 2017 72.0 Puts @ 0.29 with the stock at 75.69
$QCOM #ShortPuts #Earnings Sold QCOM…
$QCOM #ShortPuts #Earnings Sold QCOM APR 21 2017 49.0 Puts @ 0.29 with the stock at 52.33
$URI #ShortPuts #Earnings Sold URI…
$URI #ShortPuts #Earnings Sold URI APR 21 2017 105.0 Puts @ 0.35 with the stock at 119.59
ISRG
#Earnings – Bought to Close ISRG APR 21 2017 720.0 Put @ .05
This leaves 5.04 of premium from the original strangle. Still sitting on the short 800 call.
Also:
Sold ISRG APR 21 2017 805.0 Put @ 6.40
Position is now 805/800 inverted @ 11.44 credit. That give plenty of maneuvering room for an end of week roll if needed. Not ideal but could still work out unless ISRG pulls a CMG and goes to 1000!
BLK earnings profit
#Earnings Bought to close $BLK 370/380/390 #IronButterfly for 4.65. Sold yesterday for 6.50. That should cover losses in $ISRG if it fails to drop below 775.00 by Friday.
Potpourri
#closed early
$SPX BTC 4/19 2280/2305 BUPS @ 93% profit Thank you @jeffcp66
$AMZN BTC 4/21 865/875 BUPS @ 92% profit (closed part of position – semi prudent)
$AMZN BTC 4/21 960/950 BECS @ 93% profit
$NFLX BTC 4/21 130/140 BUPS @ 89% profit
$SPX STO 5/1 2415/2390 BECS @ 1.65 Thank you @jeffcp66
$SPX STO 5/19 2165/2190 BUPS @ 1.50 Thank you @jeffcp66
$IBM STO 4/21 170/172.5/175/172.5 Iron Butterfly @ 2.05 Thank you @thomberg1201
$RENN STO 4/21 8/9 BUPS @ .95 Thank you @fuzzballl
$GOOGL BTO 5/19 850 calls @ 22.30
#earnings #ironbutterfly IBM April 21…
#earnings #ironbutterfly IBM
April 21 167.50/170/170/172.50 for 2.06, risk about 40 for a NFLX style non event
RENN earnings
#Earnings – Is this crazy? Breakeven at 8.05. Risking .05 to make .95 About like a hand of blackjack…
Sold RENN APR 21 2017 9.0/8.0 Bull put spreads @ .95
$NFLX Taking off #Earnings trade…
$NFLX Taking off #Earnings trade
Bought to close $NFLX Apr 21 132/160 strangle @ .08. Sold yesterday for 2.41.
Earnings trades BLK and ISRG
#Earnings
Sold to Open $BLK 370/380/390 #IronButterly for 6.50. Max loss 3.50. Profitable between 373.50 and 386.50 on Friday. Biggest UP move: 2.3%, Biggest DOWN move: -4.3%, Average move: 1.3%.
Sold to Open $ISRG 740/760/780 #IronButterfly for 15.40. Max loss 4.60. Profitable between 744.60 and 775.40 on Friday. Biggest UP move: 17.7%, Biggest DOWN move: -11.5%, Average move: 6.2%.
That’s it for the earnings today… gotta hit the road.
Earnings today
#Earnings. Looking at $ISRG, either 20-pt wide #IronButterfly or 37.5 OTM #IronCondor
Also $BLK, 10-pt wide IB
Not sure about $IBM
Anyone else?
$NFLX #ShortStrangle #Earnings – Out…
$NFLX #ShortStrangles #Earnings – Out in one day. They won’t trade any lower
Bought to close NFLX APR 21 2017 167.5 Calls @ 0.01
Bought to close NFLX APR 21 2017 124.0 Puts @ 0..01
GS earnings
#Earnings #IronFlies – Bought to Close GS APR 21 2017 222.5/225.0/227.5 iron flies @ 2.28 (sold for 2.14)
Taking tiny loss and looking for other opportunities…
NFLX earnings
#Earnings #ShortStrangles – Bought to Close NFLX APR 21 2017 140.0/165.0 Strangles @ .40 (sold for 3.80)
Sold to Close NFLX JUN 16 2017 100.0 Puts @ .08 (bought for .17)
🙂 🙂
NFLX Earnings Trade
Sold $NFLX Apr 21 132/160 strangle @ 2.41
#Earnings
#earnings NFLX followed Jeff with…
#earnings NFLX
followed Jeff with 130/125 put spreads for .47 each
followed Mike at TT put butterfly 129/135/135/138 for .20, profitable above 131, risk of 276 to make 324
bought a 128 put for some blow out protection
GS earnings
#Earnings #IronFlies – Having a pretty good year in this ticker so risking a few shekels with iron flies…
Sold GS APR 21 2017 222.5/225.0/227.5 iron flies @ 2.14
Risk 36 to make 214 per fly. 2.50 wide with an expected move of 1.60
NFLX earnings
#Earnings #ShortStrangles – No position in this thing right now so taking a fairly aggressive, slightly bullish shot.
Sold NFLX APR 21 2017 140.0/165.0 Strangles @ 3.80
#Earnings this week Mon $NFLX…
#Earnings this week
Mon $NFLX $UAL
Tue $BAC $GS $IBM $JNJ
Wed $QCOM $MS $AXP
Thu $VZ $V $BX
Fri $GE $HON
$NFLX #ShortCalls #Earnings – Sold…
$NFLX #ShortCalls #Earnings – edit: Turned this into a strangle with the stock at 146.76
Sold NFLX APR 21 2017 167.5 Calls @ 0.40
Sold NFLX APR 21 2017 124.0 Puts @ 0.40
What earnings looks like – $NFLX reports today – 4/21 and 4/28 implied volatility skew from @LiveVolPro @CBOE
NFLX earnings
#Earnings #ShortPuts. Selling puts on this today… its moves to the upside have been much larger so I’m more comfortable with bullish short puts, even taking assignment of stock if it drops.
STO NFLX Apr 21st 135 put for 1.90
STO NFLX Apr 21st 130 puts for .85
Will add more later, hopefully when options prices increase.
Over last 12 reports, NFLX 5-DAY moves: Biggest UP move: 27.8%, Biggest DOWN move: -19.9%, Average move: 13.4%. These stakes are -6.9% and -10.3% OTM.
#earnings NFLX Anybody roll the…
#earnings NFLX
Anybody roll the dice on NFLX?
PANW covered calls
#Earnings #CoveredCalls Not a fun one to be stuck in.
Sold to Open $PANW Apr 28 117 call for 1.25
NFLX plan
#Earnings #ShortStrangles Bought to close NFLX June 175 call for .90. Sold for 3.00 on Oct 21st. Getting out before earnings in case this one explodes higher again. Still short a June 120 put.
I will definitely look to sell a strangle or at least puts into earnings on April 17th.
#earnings BBBY-anybody considering a trade?…
#earnings BBBY-anybody considering a trade? Over at TT there are a couple bearish trades, but they don’t have any special insight.
#earnings LULU I sold a…
#earnings LULU
I sold a 66 straddle for earnings and the bottom fell out of the pants. Right before closing the day before earnings I bought a 60 put and a 68/75 BuCS for some protection. I received 5.10 for the straddle and after selling the put and accounting for the protection, I’ll be assigned with a cost basis just under 54. There may be life in LULU!
#earnings #shortstraddle LULU Followed from…
#earnings #shortstraddle LULU
Followed from TT March 31 66 straddle for 5.10, profitable between 60 and a little over 71. LULU has been quiet the last 3 earnings releases, double digits the previous 4 according to busystock.com. LULU is at 65.65 give or take a few.
OptionsExpiration 3/24/17
#OptionsExpiration #Earnings #Assignment
Only losers to post this week! Yay!
FDX 190/195/200 iron butterfly… max loss.. and it looked so pretty on Wednesday…
PANW April 21st 135 puts, assign stock on 3 puts; still holding 1 put.
When you absolutely, positively have…
When you absolutely, positively have to lose your profits overnight
#Earnings FedX trade turned sour… the peril of choosing to hold onto an #IronButterfly that is perfectly centered on Wednesday, for hopes of more decay and bigger profits on Friday…. BUSTED!
Closed the short calls for .60 yesterday, which was meant to protect me from upside but instead increased my loss. Total loss on trade will now be 1.50 rather than .90. Oh well. Not interested in taking assignment with the market uncertainty.
FedX earnings trade
#Earnings Closed the $FDX March 24th 195 calls for .60. Sold in the 190/195/200 iron butterfly for 4.10 on Tuesday. Now waiting for a rally back to 195 to get out of the short puts. Remnant order in to sell a long 200 call for .07, then higher prices if it keeps moving up.
#earnings FDX closes March 24…
#earnings
FDX closes March 24 195/200 Bucs for a plus .34, have an April 21 IC that I’ll let ride a little.
FDX!!!
#Earnings… holy crap what a ride after hours… our bullish trades looked dead, now they’re alive and kicking hard!
FB trades, continued
#Earnings #StockTrades #CoveredCalls
As per my previous post, more stock sold at 138.80, and BTC March 31st 140 call for .90 (sold for 1.40 on 2/22).
#earnings FDX complete theft from…
#earnings
FDX complete theft from Fauzia at TT, March 24 BuCS (bull call spread if I remember right) 195/200 for 169 financed with April 21 IC 170/180/205/215 for 2.29.
Last 10 earnings have been -3,+6,-4,+11,+2,-2,-2,-1,-3,+3 according to busystock.com
FB trades
#Earnings #CoveredCalls #StockTrades
With FB hitting all-time highs this morning, I first sold the April 28th 145 covered call for 2.00. I then put Trailing Stops on my stock position, at three levels: 2.00, 3.50, and 5.00 trails.
The 2.00 trail was hit, so sold one-third of the stock for 140.30. Cost basis 131.20.
SPX Campaign Earnings ($NKE)
Away from the machines all day. These were triggered.
#spxcampaign
$SPX STO 3/27 2320/2345 BUPS @ 1.65
#shortputs #earnings
$NKE STO 4/21 55put @ .59
Happy Spring! Where is the floral wallpaper? ;-}
Options Expiration 3/17/17
#OptionsExpiration #SPXcampaign #Earnings #IronCondor #ShortStrangles #VXXGame
— Expired —
AZO 670/680/780/790 iron condors
REGN 350 put
SPXPM 2340/2315 put spreads
SPXPM 2350/2325 put spreads
SVXY 100, 110, and 120 puts
UVXY 32 calls
–Assignment–
SVXY 100 call – assigned short stock. This was assigned a couple days ago. Will probably roll into ITM options if no correction starts soon.
–Exercised–
SPXPM 2385/2360 put spreads — got whipsawed this week, and tried to ride this one out today, but got crushed at day’s end. Looks like a 6.87 loss. Will add it to my list of rolls.
TIF earnings
#Earnings Bought to close $TIF March 17th 91 calls for .88. Looks like we may have hit the intraday low so closing the upside risk. Still short 91 puts and I will close cheaply or frantically if we drop further. Sold the 88/91/94 #IronButterfly yesterday for 2.15.
TIF earnings
#Earnings $TIF not a big mover, with a 3.82% average move and a positive 2.73% bias. Biggest UP move: 10.5%, Biggest DOWN move: -4.0%
Sold an #IronButterfly, March 17th 88/91/94 for 2.15. Max risk .85. Slightly bullish lean to the trade.
Options Expiration 3/10/17
#OptionsExpiration #Earnings #CoveredCalls #BullPutSpreads
Would have been a much happier Friday if I hadn’t gotten shaken out of an expiring put spread at the lows of the day.
— Expiring —
FB 140 covered call
ULTA 255/245 put spreads
UVXY 28 calls
I will be posting SPX trades and updated chart later
PANW calls
#Earnings #ShortCalls #Underwater
Sold to open $PANW March 31st 125 call for 1.00
Sold to open $PANW April 21st 130 call for .80
I put in these prices based on the early pop to 116, and that clearly was too soon, as the stock made it above 119. These are against my April 135 puts which were rolled after the earnings miss.
ULTA earnings
#Earnings Sold to Open $ULTA March 10th 255/245 put spreads for 1.15. Over last 12 earnings, Biggest UP move: 17.9%, Biggest DOWN move: -6.1%, Average move: 7.9%. This trade is -7.3% OTM.
PLCE earnings closed
#Earnings Bought to close $PLCE March 17th 95 puts for .05. Sold yesterday as the 95/90 put spreads for 1.10. Kept its recent trend of positive earnings results…. easy peasy.
PLCE earnings
#Earnings Sold to Open $PLCE March 17th 95/90 put spreads for 1.10. Over last 12 earnings, PLCE has been negative only ONCE eight days after the report. 8-day moves: Biggest UP move: 20.0%, Biggest DOWN move: -6.1%, Average move: 7.4%. This trade is 4.7% OTM.
Going with a spread since I’m not feeling like being naked after the PANW burn last week.
#earnings PANW Had a March…
#earnings
PANW Had a March 3, 129/135/170/180 earnings IC, PANW down around 115 after earnings, I decided to take the loss, turned out to be $550. I’m not opposed to nursing losing trades, sometimes they turn out better than the original trade. I decided, right or wrong of course, I’d rather sell other spreads and maybe surpass the $550 in the time I could have made up the loss. For those of you who took the shares, I’m hoping for a big bounce for you!
Options Bistro 