Pre-Earnings

It’s been a busy quarter for pre-earnings trades. I’m still holding positions in BABA, NVDA, and ADSK and watching for new trades in CRM and AVGO later this month. Here’s a link to the Google spreadsheet where I track pre-ER trades. Wins far outpaced losses. Whew!
https://docs.google.com/spreadsheets/d/1RKD02IWjO9ZpAsJ7DqRojBkAnVTE1ZncFxUNHnUOZsE/edit?usp=sharing

#preearnings
#earningsrunup

EOG pre-earnings

Sold EOG Aug3 128c @ 2.30 for 130% profit. Bot @ 1. This is second round of pre-ER.
#preearnings
#earningsrunup

#pietrade

Pre-earnings update

As mentioned earlier, I take profits on these trades on big green days.
Out last round of BA for 10%
Out CAT, INTC, and SHOP for 40% profit
Out 60% of EOG for 50% profit
Out BABA for 115% profit (held less than 24 hours)
Out WYNN, the struggler, for average profit of 15%

Still in AET, EA, EOG, TTWO. Watching several for a second round and watching AZO, ADSK, and CRM for a first round.
#preearnings
#earningsrunup

BABA CAT AET

Added a few more small pre-earnings positions. After this week, watching AZO, ADSK, and CRM.
Bot CAT Aug3 139c @ 2.45
Bot BABA Aug3 190c @ 1.95
Bot AET Aug3 190c @ 2.10 (wide bid-ask so riskier trade but good historical pattern)
#preearnings
#earningsrunup

CHKP pre-earnings

Sold Aug17 115c @ 1.11 for 71% profit. Bot @ 1.90.
This is my last round of CHKP pre-earnings.

#preearnings
#earningsrunup

LMT

#preearnings #earningsrunup – Nice bounce today. Got the 40 percent….woohoo! Looks like it could have some more room too…another 4 dollars up to the 200ma.

Sold to Close LMT JUL 27 2018 327.5 Call @ 2.65 (bought for 1.90)

EOG pre-earnings

Bot EOG Aug3 128c @ 1.05 x2. Adding a layer on today’s pullback.

#preearnings
#earningsrunup