ROKU Earnings

#Earnings #JadeLizard – Just to close the books on this…Jade Lizard with 50/51 on the call side and stock obviously blew through that. Closed those for .98 so picking up 2 cents and saving exercise fees. Originally sold for 1.35 so net gain of 37 cents.

See you next quarter!

ROKU Earnings

#Earnings #JadeLizard – Trying the Lizard again. Selling the upside pretty tight at half the expected move allowing put sales outside the expected move. No upside risk with breakeven down at 39.15 (not that that’s really safe…LOL)

Sold ROKU 40.5/50/51 Jade Lizards @ 1.35

WTW Earnings

#Earnings #JadeLizard – Staying small…just a couple. Puts at the expected move and calls just inside the expected move with no upside risk…

Sold 83/101/103 Jade Lizards @ 2.11

SHAK Earnings

#Earnings #JadeLizard – Worked nicely…I’m out.

Original trade was:

Sold 57.0 Puts and Sold 70/71 Call Spreads @ 1.19 total credit

Bought to Close SHAK AUG 3 2018 57.0 Puts @ .20
70/71 calls spreads should expire…

SHAK Earnings

#Earnings #JadeLizard – With the IV in this thing and only one day to go I feel like I’ve gotta do something. Working both sides at the expected move (+/- 6.50) and selling a Jade Lizard. No upside risk here and breakeven down around the 100ma. One third position size just in case a repair is needed.

Sold 57.0 Puts and Sold 70/71 Call Spreads @ 1.19 total credit

RH Earnings

#Earnings – This thing just looks way overbought here. Taking a shot with a #JadeLizard with no upside risk while giving it some downside room. Thanks @Jeff for the data on this. Staying small here…

Sold RH JUN 15 2018 94.0 Puts @ 1.37
Sold RH JUN 15 2018 120.0/122.0 Bear Call Spreads @ .75

Total credit 2.12 with 2.00 of upside risk. Breakeven of 91.88 to the downside which is about 10 dollars more than the expected move.

DG Earnings

Two different positions:

#LongCalls #LEAPS – Booked the original weekly sales and threw on an additional sale hoping for a quick double dip…

Bought to Close DG JUN 1 2018 101.0 Calls @ .02 (sold for .65)

Sold DG JUN 1 2018 92.0 Calls @ .35

#JadeLizard – Original sale was 95/104/106 Jade Lizards @ 2.13.

Closed the call side for .02. Did that mainly for risk reduction when I sold the additional calls above. Still sitting on the short 95 puts with a basis of 92.89. Will probably roll them and then sell additional calls in my LEAPS position above.