#ratiostrangles EWZ
Nov. 16, sold 2, 30 puts and 1, 40 call for 2.32. If it goes to 40, I’d be happy having been put 100 shares a few months ago.
Tag Archives: RatioStrangles
MOMO Earnings
I do a lot of earnings event trades using a very specific analysis process. I did a short #ratio-strangle yesterday, sold 3×1 dec 1 34 calls/28.5 puts. Closed the calls at the open for 89% profit. The lower break even was blown this morning so I sold inverted calls as defense. Extended downside range by another .95, upside range is wide due to taking the short call profit.
Options Bistro 