UBER roll

#Earnings #StrangleRoll #ThatDidntTakeLong

Sold this strangle Friday as a roll from losing #LongStraddle. Already breached, so rolling. Fortunately, the ATM options are not much more than the strangle sold for.

BTC $UBER June 14th 37/43 #ShortStrangle for 1.40. Sold for 1.00 on Friday.
STO $UBER June 21st 40/46 #ShortStrangle for 1.05

UBER bad

#Earnings So much for my speculative play of a #LongStraddle. Seem like the stock really likes 40. Nonetheless it did bounce around today but was unable to sell at the best times because other commitments had me running around the house and town too much.

Sold $UBER 40 straddle for .45. Bought yesterday for 3.15
#Rolling: Sold $UBER Jun 14th 37/43 #ShortStrangle for 1.00. See if I can work that three times and get back the losses.

That loss erases my decent win on $ANF straddle, leaving me flat for the week.

Also, Sold to close $DG call calendar for .10. Bought #DoubleCalendar for .39 on Wednesday. Long 118 put as lottery ticket for next week.

UBER straddle

#Earnings This is speculative because $UBER has not previously posted earnings, but my guess is this stock will move more than $3.00 (7.5%) on earnings. $LYFT moved over 10% on its first report.

So I’m buying a #LongStraddle. I’m going to try to leg in, which is often a mistake for me, but trying any way.

Just now bought $UBER May 31st 40 call for 1.45.
Order in to buy 40 put for 1.50, banking that stock will rise a bit from here. If not, I’ll buy the 39.5 put instead.

ANF closing

#Earnings Sold to close first batch of $ANF May 31st 25 puts for 5.25. #LongStraddle bought yesterday for 3.23.

ANF straddle

#Earnings Bought to open $ANF May 31st 25 #LongStraddle for 3.23. Needs a 12.9% move. Avg has been 16.1%


#Earnings Sold to Open $AMZN Apr 26th 1885/1915/1945 #IronButterfly for 28.15. Risking 1.85 to make hopefully a lot.

#doublecalendar, #longstraddle, #shortstrangles

SNAPped shut

#Earnings Sold to close $SNAP Apr26 12 #LongStraddle for .75. Bought for 1.95 yesterday. If I don’t get the gap I try to sell quickly while volatility is still high, limiting the loss.