#fallingknife
PLAY is down 22%
Tag Archives: FallingKnife
IRBT Sep
Filled at the bell as the stock took a dive into the close.
Sold $IRBT 9/20 60 puts @ 1.20.
#FallingKnife
SIG earnings analysis
#Earnings $SIG reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
I have never traded this, but it is a big mover
Dec. 6, 2018Â BO -18.04%
Aug. 30, 2018Â BO +23.84% Biggest UP
June 6, 2018Â BO +18.39%
March 14, 2018Â BO -20.22%
Nov. 21, 2017Â BO -30.39% Biggest DOWN
Aug. 24, 2017Â BO +16.66%
May 25, 2017Â BO -7.75%
March 9, 2017Â BO +8.72%
Nov. 22, 2016Â BO +2.14%
Aug. 25, 2016Â BO -12.62%
May 26, 2016Â BO -10.49%
March 24, 2016Â BO +2.88%
Avg (+ or -) 14.35%
Bias -2.24%, negative bias on earnings.
With stock at 27.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 23.31 to 31.69
Based on AVERAGE move over last 12 quarters: 23.56 to 31.44
Based on MAXIMUM move over last 12 Q’s (30.4%): 19.14 to 35.86
Based on UP max only (+23.8%): 34.06
Open to requests for other symbols.
#fallingknife STO RH Jan17’20 70…
#fallingknife
STO RH Jan17’20 70 PUT $6.40
BIIB
#FallingKnife – No position here (remember Valeant and Mylan?)…I’ll see where it is when they add some more strikes in May. Earnings April 24th…
#coveredcallcampaign NTGR In early February…
#coveredcallcampaign NTGR
In early February I was assigned from a Dec. put that was sold in July as a #fallingknife. The cost basis was down to 36.95, sold an April 19, 36 call for 1.25.
ROKU
#ShortPuts #FallingKnife – Starter position just before next earnings…
Sold 1 ROKU APR 26 2019 50 Put @ 1.35
