FL closed

#Earnings Sold to close $FL Aug 21st 27 #LongStraddle for .75. Bought yesterday for 2.03. The only time profit was available was the open but unfortunately I was not paying close enough attention.

FL earnings analysis & trade

#Earnings $FL reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.

May 22, 2020 BO -8.49%
Feb. 28, 2020 BO +8.01%
Nov. 22, 2019 BO -2.91%
Aug. 23, 2019 BO -18.91%
May 24, 2019 BO -15.95%
March 1, 2019 BO +5.96%
Nov. 20, 2018 AC +14.90%
Aug. 24, 2018 BO -9.17%
May 25, 2018 BO +20.15%
March 2, 2018 BO -12.72%
Nov. 17, 2017 BO +28.16% Biggest UP
Aug. 18, 2017 BO -27.92% Biggest DOWN

Avg (+ or -) 14.44%
Bias -1.57%, negative bias on earnings.

With stock at 27.15 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 25.04 to 29.26 (+/- 7.8%)
Based on AVERAGE one-day move over last 12 quarters: 23.23 to 31.07
Based on MAXIMUM one-day move over last 12 Q’s (28.2%): 19.50 to 34.80
Based on DOWN max only (-27.9%): 19.57

Open to requests for other symbols.

#jefffollow, #longstraddle

YELP earnings analysis

#Earnings $YELP reports tonight. Below are details on earnings one-day moves over the last 12 quarters.

May 7, 2020 AC +2.35%
Feb. 13, 2020 AC -3.47%
Nov. 7, 2019 AC +15.43%
Aug. 8, 2019 AC +5.20%
May 9, 2019 AC -14.37%
Feb. 13, 2019 AC -0.70%
Nov. 8, 2018 AC -26.59% Biggest DOWN
Aug. 8, 2018 AC +26.65%
May 10, 2018 AC -7.81%
Feb. 7, 2018 AC -14.04%
Nov. 1, 2017 AC -0.10%
Aug. 3, 2017 AC +27.66% Biggest UP

Avg (+ or -) 12.03%
Bias 0.85%, slightly positive bias on earnings.

With stock at 27.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 24.15 to 29.85 (+/- 10.6%)
Based on AVERAGE one-day move over last 12 quarters: 23.75 to 30.25
Based on MAXIMUM one-day move over last 12 Q’s (27.7%): 19.53 to 34.47
Based on DOWN max only (-26.6%): 19.82

Open to requests for other symbols.

#longstraddle

#earnings BBBY Sold, (double checked)…

#earnings BBBY

Sold, (double checked) a 17 straddle, Feb. 17, for 3.31

#longstraddle

AEO closed

#Earnings BTC $AEO Dec 13th 15 put for .50. #LongStraddle sold for 1.35 on Tuesday. Closed for a total of .55.

AEO closing

#Earnings BTC $AEO Dec 13th 15 calls for .05. Holding puts for a spike higher. Sold #LongStraddle for 1.35 yesterday.

AEO straddle

#Earnings Sold to Open $AEO Dec 11th 15 #LongStraddle for 1.35. Needs over an 11% move before losses; avg move has been 6.6%.

MRVL closed

#Earnings . BTC $MRVL Dec 6th 25 puts for .80. #LongStraddle sold for 1.65 on Tuesday. Closed for 1.00 total.

SIG closed

#Earnings BTC $SIG Dec 6th 17 #LongStraddle for 1.75 (1.50 calls, .25 puts). Sold yesterday for 2.86.

SIG alert

#Earnings Sold to Open $SIG Dec 6th 17 #LongStraddle for 2.86. Stock must move over 16.7% to become a loser. Avg move has been 14.57%.

MRVL earnings analysis & trade

#Earnings $MRVL reports tonight. Below are details on earnings one-day moves over the last 12 quarters.

Aug. 29, 2019 AC -0.95%
May 30, 2019 AC +0.49%
March 7, 2019 AC -2.55%
Dec. 4, 2018 AC +3.80%
Sept. 6, 2018 AC -0.05%
May 31, 2018 AC +2.92%
March 8, 2018 AC +0.08%
Nov. 28, 2017 AC -4.55% Biggest DOWN
Aug. 24, 2017 AC +7.50%
May 25, 2017 AC +4.30%
March 2, 2017 AC +1.51%
Nov. 17, 2016 AC +10.77% Biggest UP

Avg (+ or -) 3.29%
Bias 1.94%, strong positive bias on earnings.

With stock at 25.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 23.29 to 26.71
Based on AVERAGE one-day move over last 12 quarters: 24.18 to 25.82
sed on MAXIMUM one-day move over last 12 Q’s (10.8%): 22.31 to 27.69
Based on DOWN max only (-4.6%): 23.86

Open to requests for other symbols.

#longstraddle, #shortstraddle

BUD DUD

#Earnings . Sold to close $BUD Oct25/Nov01 92 put calendar for .01. #DoubleCalendar bought yesterday for .58. Leaving the call side to expire/lottery ticket.

Also, sold to close $SKX Oct 25th 37.5 #LongStraddle for .39. Bought for 4.39 on Tuesday. That was a bad one. Shitty week for earnings trade on my end.

SNAP shut

#Earnings . Sold to close $SNAP Oct 25th 14.5 puts for 1.60. #LongStraddle bought for 2.26. Small loss on this one, $SKZ looking bad.

SNAP earnings analysis

#Earnings $SNAP reports tonight. Below are details on earnings one-day moves over its entire history (10 quarters).

July 23, 2019 AC +18.74%
April 23, 2019 AC -6.08%
Feb. 5, 2019 AC +22.01%
Oct. 25, 2018 AC -10.15%
Aug. 7, 2018 AC -6.78%
May 1, 2018 AC -21.93% Biggest DOWN
Feb. 6, 2018 AC +47.58% Biggest UP
Nov. 7, 2017 AC -14.61%
Aug. 10, 2017 AC -14.08%
May 10, 2017 AC -21.45%

Avg (+ or -) 18.34%
Bias -0.68%, tiny negative bias on earnings.

With stock at 14.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 12.16 to 16.84
Based on AVERAGE one-day move over last 12 quarters: 11.84 to 17.16
Based on MAXIMUM one-day move over last 12 Q’s (47.6%): 7.60 to 21.40
Based on DOWN max only (-21.9%): 11.32

Open to requests for other symbols.

#longstraddle

SKX earnings analysis

#Earnings $SKX reports tonight. Below are details on earnings one-day moves over the last 12 quarters.

July 18, 2019 AC +11.96%
April 18, 2019 BO -10.43%
Feb. 7, 2019 AC +15.19%
Oct. 18, 2018 AC +13.78%
July 19, 2018 AC -20.99%
April 19, 2018 AC -27.04% Biggest DOWN
Feb. 8, 2018 AC +7.54%
Oct. 19, 2017 AC +41.44% Biggest UP
July 20, 2017 AC +0.67%
April 20, 2017 AC -2.56%
Feb. 9, 2017 AC +19.32%
Oct. 20, 2016 AC -17.26%

Avg (+ or -) 15.68%
Bias 2.64%, positive bias on earnings.

With stock at 37.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 33.26 to 41.74
Based on AVERAGE one-day move over last 12 quarters: 31.74 to 43.54
Based on MAXIMUM one-day move over last 12 Q’s (41.4%): 22.04 to 53.24
Based on DOWN max only (-27.0%): 27.46

Open to requests for other symbols.

#longstraddle

YELP earnings analysis

#Earnings $YELP reports tonight. Below are details on earnings one-day moves over the last 12 quarters.

May 9, 2019 AC -14.37%
Feb. 13, 2019 AC -0.70%
Nov. 8, 2018 AC -26.59%
Aug. 8, 2018 AC +26.65% Biggest UP
May 10, 2018 AC -7.81%
Feb. 7, 2018 AC -14.04%
Nov. 1, 2017 AC -0.10%
Aug. 3, 2017 AC +27.66%
May 9, 2017 AC -18.35%
Biggest DOWN
Feb. 9, 2017 AC -13.64%
Nov. 2, 2016 BO +9.94%
Aug. 9, 2016 AC +12.83%

Avg (+ or -) 14.39%
Bias -1.54%, negative bias on earnings.

With stock at 34.10 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 29.64 to 38.56
Based on AVERAGE one-day move over last 12 quarters: 29.19 to 39.01
Based on MAXIMUM one-day move over last 12 Q’s (27.7%): 24.67 to 43.53
Based on DOWN max only (-26.6%): 25.03

Open to requests for other symbols.

#longstraddle, #longstrangle

SNAP closed

#Earnings Closed final $SNAP calls for 3.25. #LongStraddle bought for 2.06 on Tuesday.

Closing SNAP

#Earnings Sold the first $SNAP long July 126th 14.5 calls for 2.25 and 2.50. #LongStraddle bought yesterday for 2.06.

SNAP earnings analysis

#Earnings $SNAP reports tonight. Below are details on earnings one-day moves over the last 9 quarters, representing its entire history.

April 23, 2019 AC -6.08%
Feb. 5, 2019 AC +22.01%
Oct. 25, 2018 AC -10.15%
Aug. 7, 2018 AC -6.78%
May 1, 2018 AC -21.93% Biggest DOWN
Feb. 6, 2018 AC +47.58% Biggest UP
Nov. 7, 2017 AC -14.61%
Aug. 10, 2017 AC -14.08%
May 10, 2017 AC -21.45%

Avg (+ or -) 18.30%
Bias -2.83%, negative bias on earnings.

With stock at 14.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 12.36 to 16.64
Based on AVERAGE one-day move over last 9 quarters: 11.85 to 17.15
Based on MAXIMUM one-day move over last 9 Q’s (47.6%): 7.60 to 21.40
Based on DOWN Max only (-21.9%): 11.32

Open to requests for other symbols.

#longstraddle

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%

AMZN IB

#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.

SNAP straddle

#Earnings Bought to Open $SNAP Apr 26th 12 #LongStraddle for 1.95. I need a 16.3% move to reach break-even points. Avg move on the stock has been 19.8%. Intraday Max Move on the day after earnings is an average of 23.3%.

NOC earnings analysis

#Earnings I found today’s trades: #DoubleCalender on NOC and #LongStraddle on $SNAP

$NOC reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.

Jan. 31, 2019 BO -1.87%
Oct. 24, 2018 BO -6.00%
July 25, 2018 BO -6.53% Biggest DOWN
April 25, 2018 BO -2.60%
Jan. 25, 2018 BO +3.68%
Oct. 25, 2017 BO +3.64%
July 26, 2017 BO -0.07%
April 26, 2017 BO -0.02%
Jan. 26, 2017 BO -1.68%
Oct. 26, 2016 BO +3.88% Biggest UP
July 27, 2016 BO -0.24%
April 27, 2016 BO +1.68%

Avg (+ or -) 2.66%
Bias -0.51%, slight negative bias on earnings.

With stock at 294.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 280.91 to 307.09
Based on AVERAGE move over last 12 quarters: 286.19 to 301.81
Based on MAXIMUM move over last 12 Q’s (6.5%): 274.80 to 313.20
Based on UP max only (+3.9%): 305.41

Open to requests for other symbols.

SNAP earnings analysis – straddle candidate

#Earnings #LongStraddle strategy has been working well lately. Worked on SNAP last quarter and I’ll probably try again.

$SNAP reports tonight. Below are details on earnings one-day moves over it entire history.

Feb. 5, 2019 AC +22.01% 22.01%
Oct. 25, 2018 AC -10.15% -10.15%
Aug. 7, 2018 AC -6.78% -6.78%
May 1, 2018 AC -21.93% -21.93% Biggest DOWN
Feb. 6, 2018 AC +47.58% 47.58% Biggest UP
Nov. 7, 2017 AC -14.61% -14.61%
Aug. 10, 2017 AC -14.08% -14.08%
May 10, 2017 AC -21.45% -21.45%

Avg (+ or -) 19.82%
Bias -2.43%, slight negative bias on earnings.

With stock at 12.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 10.08 to 13.92
Based on AVERAGE move over last 12 quarters: 9.62 to 14.38
Based on MAXIMUM move over last 12 Q’s (47.6%): 6.29 to 17.71
Based on DOWN max only (-21.9%): 9.37

Open to requests for other symbols.

LMT and TWTR closing

#Earnings Closed $LMT Apr26/May03 315 #DoubleCalendar for .95 and 1.00. Bought for .765 yesterday. The gap up is a bit much for a calendar to handle, but these higher priced stocks mean higher priced options and more flexibility to close. I was probably too early, but I have been bitten before by waiting

Closed partial of $TWTR Apr 26th long 34 calls for 4.00, 4.40, and 4.50. #LongStraddle bought yesterday for 3.64. Looks like it’s doing its usual thing, gap and run, so I’ll wait to close the rest.

TWTR straddle

#Earnings Bought to Open $TWTR Apr 26th 34 #LongStraddle for 3.64.

Stock has an average move of 12.1%. I need a 10.7% move to hit breakeven points. Only 4 out of the last 12 moves were less than 10%.

SKX strangle

Earnings #LongStrangle
Was planning for a #LongStraddle but since price is between strikes and stock has bullish bias on earnings,

Bought $SKX 35/35.5 strangle for 4.15. Need a 12.5% move in either direction to breakeven. Avg move on stock has been 16.2%.

AXP dub cal

#Earnings Bought to Open $AXP Apr18/Apr26 112 #DoubleCalendar for .48.

Also looking at a Dub Cal for $HON and a #LongStraddle on $SKX

ANF closing, DLTR not

#Earnings #LongStraddle Sold to close half of $ANF March 8th 21.5 calls for 3.40 and 3.80. #LongStraddle bought yesterday for 2.94. Holding the rest to see how high we can go.

DLTR 95 #DoubleCalendar, front week premium not going down much yet so sitting on this one for awhile.

ANF straddle, DLTR maybe

#Earnings #LongStraddle Bought $ANF March 8th 21.5 straddle for 2.94. Avg Move on earnings: 14.7%. I need a 13.7% move to breakeven.

Also trying for a #DoubleCalendar on $DLTR. Only if I can get filled for .40. Low probability, since it moves decently, but low risk worth the shot.

ANF earnings analysis

#Earnings — $ANF reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.

Nov. 29, 2018 BO +20.91%
Aug. 30, 2018 BO -17.15%
June 1, 2018 BO -8.72%
March 7, 2018 BO +11.90%
Nov. 17, 2017 BO +23.90% Biggest UP
Aug. 24, 2017 BO +17.06%
May 25, 2017 BO +8.99%
March 2, 2017 BO +13.94%
Nov. 18, 2016 BO -13.76%
Aug. 30, 2016 BO -20.30% Biggest DOWN
May 26, 2016 BO -15.66%
March 2, 2016 BO +3.64%

Avg (+ or -) 14.66%
Bias 2.06%, Positive bias on earnings.

With stock at 21.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 18.76 to 24.24
Based on AVERAGE move over last 12 quarters: 18.35 to 24.65
Based on MAXIMUM move over last 12 Q’s (23.9%): 16.36 to 26.64

Open to requests for other symbols.

#longstraddle

Final Trades and Expirations

#Earnings Sold to close $UAA Feb 15th 21 calls for .16. This was a sad one; bought the #LongStraddle for 2.50… the swings this week afforded opportunities to cut the loss to less than half, but my orders barely missed getting filled again and again. So although I did sell a few for 1.60, the stock ended the week right at my strike… not good for a long straddle!

#CoveredCalls #Assignment $PVTL stock called away via 18 and 19 calls. This was a September earnings trade, was assigned at 22.50 and through multiple rounds of covered calls I’m exiting at about break-even.

#DoubleCalendar Taking assignment of $NTAP stock, cost basis 64.79.

#IronCondor Closed $DECK short 145 calls for 1.30. Was able to exit some at .50 and .20, so overall this trade will be a small winner or a small loser across my accounts. Condor sold for .86 on Jan 31st.

YELP earnings analysis

#Earnings — $YELP reports tonight. Below are details on earnings one-day moves over the last 12 quarters.

Nov. 8, 2018 AC -26.59% Biggest DOWN
Aug. 8, 2018 AC +26.65%
May 10, 2018 AC -7.81%
Feb. 7, 2018 AC -14.04%
Nov. 1, 2017 AC -0.10%
Aug. 3, 2017 AC +27.66% Biggest UP
May 9, 2017 AC -18.35%
Feb. 9, 2017 AC -13.64%
Nov. 2, 2016 BO +9.94%
Aug. 9, 2016 AC +12.83%
May 5, 2016 AC +23.71%
Feb. 8, 2016 AC -2.30%

Avg (+ or -) 15.30%
Bias 1.50%, slight positive bias on earnings.

With stock at 38.75 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 33.76 to 43.74
Based on AVERAGE move over last 12 quarters: 32.82 to 44.68
Based on MAXIMUM move over last 12 Q’s (27.7%): 28.03 to 49.47

#longstraddle

Closing SHOP

#Earnings Sold to close partial $SHOP Feb15/Feb22 175 #DoubleCalendar for 2.10. Bought yesterday for 1.60. Price moving toward strike so trying to close the rest for higher credit.

$TAP Dbl Cal is tapping out. Will need to see if a bounce comes into Friday. This was cheap (.34), so no biggie.

$UAA no gap but drifting higher so this may turn out well. #LongStraddle bought for 2.50.

Earnings trades today

#Earnings

Bought $UAA Feb 15th 21 #LongStraddle for 2.50. Need a 11.9% move. Average has been 16.1%.

Bought $TAP Feb15/Feb22 65 #DoubleCalendar for .34. Super cheap!

Looking at a calendar for $SHOP, also cheap.

UAA earnings analysis

#Earnings — $UAA reports tomorrow morning. Below are details on earnings FIVE-day moves over the last 12 quarters. NOTE: symbol UAA only lists history starting 1/31/17. The data before that date is for symbol $UA (below the line).

Tue 10/30/2018 BO +30.29% Biggest UP
Thu 07/26/2018 BO -4.60%
Tue 05/01/2018 BO -2.25%
Tue 02/13/2018 BO +22.00%
Tue 10/31/2017 BO -29.25% Biggest DOWN
Tue 08/01/2017 BO -8.14%
Thu 04/27/2017 BO +7.40%
Tue 01/31/2017 BO -28.47%
——————————
Tue 10/25/2016 BO -21.24%
Tue 07/26/2016 BO -9.47%
Thu 04/21/2016 BO +6.00%
Thu 01/28/2016 BO +24.13%

Avg (+ or -) 16.10%
Bias -1.13%, slight negative bias on earnings.

With stock at 21.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 18.26 to 23.74
Based on AVERAGE move over last 12 quarters: 17.62 to 24.38
Based on MAXIMUM move over last 12 Q’s (30.3%): 14.64 to 27.36

#longstraddle

SKX earnings analysis

#Earnings $SKX reports tonight. Below are details on earnings one-day moves over its entire history.

Oct. 18, 2018 AC +13.78%
July 19, 2018 AC -20.99%
April 19, 2018 AC -27.04% Biggest DOWN
Feb. 8, 2018 AC +7.54%
Oct. 19, 2017 AC +41.44% Biggest UP
July 20, 2017 AC +0.67%
April 20, 2017 AC -2.56%
Feb. 9, 2017 AC +19.32%
Oct. 20, 2016 AC -17.26%
July 21, 2016 AC -22.34%
April 21, 2016 AC +6.26%
Feb. 10, 2016 AC +3.93%

Avg (+ or -) 15.26%
Bias 0.23%, no significant bias on earnings.

With stock at 27.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 23.69 to 31.31
Based on AVERAGE move over last 12 quarters: 23.30 to 31.70
Based on MAXIMUM move over last 12 Q’s (41.4%): 16.10 to 38.90

Open for requests on other symbols.

#longstraddle

FEYE earnings

#Earnings #LongStraddle Sold to close $FEYE Feb 8th 18.5 puts for 2.05 and 2.40. Still holding a few more. Straddles bought yesterday for 1.81. Smaller return that usual, but I’ll take it.

Working on $MPC exit. Also will not be as good as CMI was yesterday, but still a winner.

Earnings trades

#Earnings Bought to Open $FEYE Feb 8th 18.5 #LongStraddle for 1.81. Need a 9.7% move, which is the 12-quarter average.
Bought to Open $MPC Feb08/Feb15 67.5 #DoubleCalendar for .65.

Earnings trades, CMI, SNAP, DECK partially closed

#Earnings #DoubleCalendar Sold to close partial $CMI Feb08/Feb15 149 dbl cal for 1.20. Waiting for price to move closer to my strike to close more. Bought yesterday for .65

#LongStraddle Sold to close partial $SNAP Feb 8th 7 calls for 1.75. Watching for a move higher. Straddles bought yesterday for 1.03.

#IronCondor Bought to close partial $DECK Feb 15th 105/110/145/150 condors for .50. Sold Thursday for .86.

SNAP straddle

#Earnings Bought to Open $SNAP Feb 8th 7 #LongStraddle for 1.03 (partial fill so far, may need to go to 1.04).

EW closed, and remaining earnings trades

#Earnings #DoubleCalendar
Sold to close $EW Feb01/Feb08 170 dbl cals for 3.25 (avg price). Bought yesterday for 1.57.

#IronButterfly $NOW expiring at max loss of .65.
#IronCondor $AMZN expiring at full profit, sold yesterday for 2.00.
#LongStraddle $EBAY straddle bought for 2.23 on Tuesday. It had a subtle move, so I played the swings and managed to sell for 1.168. Even when long straddles miss, they aren’t too bad provided you have a few days and some swings.

Long Straddles

#LongStraddle #Earnings
Sold to Close final batch of $GLW Feb 1st 30 calls for 3.27. Netted about 60% profit (bought for 1.92 on Monday).
Sold to close some of the $EBAY Feb 1st 33.5 puts for .61. Straddles bought yesterday for 2.23. This one will be tough to breakeven, unless we get a rally over next couple days.

AMD earnings analysis

#Earnings $AMD reports tonight. Below are details on earnings THREE-day moves over the last 12 quarters.

***NOTE: These are 3-day moves, since options traded for earnings will expire on Friday. These moves are bigger than 1-day moves. This stock can move BIG.

Wed 10/24/2018 AC -22.64%
Wed 07/25/2018 AC +18.01%
Wed 04/25/2018 AC +14.42%
Tue 01/30/2018 AC -3.26%
Tue 10/24/2017 AC -16.91%
Tue 07/25/2017 AC -1.13%
Mon 05/01/2017 AC -25.84% Biggest DOWN
Tue 01/31/2017 AC +18.03%
Thu 10/20/2016 AC -6.32%
Thu 07/21/2016 AC +11.87%
Thu 04/21/2016 AC +52.29% Biggest UP
Tue 01/19/2016 AC +3.58%

Avg (+ or -) 16.19%
Bias 3.51%, positive bias on earnings.

With stock at 19.60 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 17.19 to 22.01
Based on AVERAGE move over last 12 quarters: 16.43 to 22.77
Based on MAXIMUM move over last 12 Q’s (52.3%): 9.35 to 29.85

Open for requests on other symbols.

#longstraddle

GLW mostly closed

#Earnings #LongStraddle Sold to close $GLW Feb 1st 30 calls for 3.10. Straddles bought for 1.92 yesterday. I closed two-thirds of my position. Holding the rest for potentially higher prices into Friday.

ANF partially closed

#Earnings #LongStraddle Sold to close $ANF Nov 30th 17 calls for 4.20. Sold half of my position. Holding the other half to see how the morning shakes out. Bought the straddle yesterday for 2.58.

ANF trade

#Earnings Bought to open $ANF Nov 30th 17 #LongStraddle for 2.58.

AMBA mostly closed

#Earnings #LongStraddle Sold most of my $AMBA Aug 31st 40 puts for 5.40 at the open. Will wait to see if the stock goes lower for the rest. Straddles bought yesterday for 4.09.

#earnings #shortstraddle #longstraddle Tastytrade 7…

#earnings #shortstraddle #longstraddle

Tastytrade

7 minutes on post earnings straddles, interesting numbers

https://www.tastytrade.com/tt/daily_recaps/2018-06-29/episodes/selling-cheap-straddles-after-earnings-06-29-2018

Earnings flurry: CIEN, VMW, AZO

#Earnings #LongStraddle Sold to close $CIEN June 2nd 23.5 call for 4.10. Bought long straddle for 1.95 on Wednesday, sold one call yesterday for 3.90, the other today for 4.10. A double!

VMW 92.5/97.5/100 call butterfly bought yesterday for 1.90. Long 92.5 calls going for 3.00 now. On watch for hopefully higher into the close.

Bought to close AZO June 16th 560 put for .35. Sold for 2.35 on May 22. Still short the 610 puts but looking good to get out before expiration.

CIEN earnings

#Earnings Looks like the #LongStraddle will return at least a small profit. Going to sell half near the open and hold the other half and watch.

CIEN earnings

#Earnings #LongStraddle
Bought $CIEN June 2nd 23.5 calls for 1.05. Order in to buy June 2nd 23.5 puts for .90. Biggest UP move: 18.4%, Biggest DOWN move: -18.0%, Average move: 9.8%. This trade will need an 8-9% move to break even.

#earningsfollowed

GRPN earnings

#Earnings Trying the rare #LongStraddle trade for a stock that tends to move big on earnings:
Bought $GRPN March 5th 4.00 straddles for .60. Biggest UP move: 29.0%, Biggest DOWN move: -26.3%, Average move: 16.7%. Breakevens are +/-15% OTM.

YELP trade closed

#Earnings #LongStraddle Sold to close $YELP Feb 10th 41.5 put for 4.75. Bought yesterday as part of the 41.5 straddle for 4.45. Order filled on the low tick 6 minutes after open. Small profit is good enough for me.