Getting out of the zone

Well at least some of it.
Bought to close $AZO 7/21 550 put @ 1.30. Sold for 4.50 on 5/23.
Taking my 70%+ profit and freeing up some margin. Still short Sep 480 and Dec 500.

#earnings, #shortstrangle

#earnings #shortstrangle YELP May 19…

#earnings #shortstrangle YELP
May 19 28/40 for 1.15

FFIV earnings

#Earnings #ShortStrangle
Sold to Open $FFIV 126/150 strangles for 1.00. Over last 12 earnings, Biggest UP move: 9.6%, Biggest DOWN move: -10.0%, Average move: 5.1%. These strikes are each 8.7% OTM.

$ISRG #ShortStrangle #Earning – Sold…

$ISRG #ShortStrangle #Earning – Sold ISRG APR 21 2017 830.0 Calls @ 0.65. Along with the ISRG APR 21 2017 685.0 Puts @ 0.55, that makes the total strangle proceeds 1.20.

My covering orders are already in at a nickel.

$NFLX #ShortStrangle #Earnings – Out…

$NFLX #ShortStrangle #Earnings – Out in one day. They won’t trade any lower
Bought to close NFLX APR 21 2017 167.5 Calls @ 0.01
Bought to close NFLX APR 21 2017 124.0 Puts @ 0..01

$SVXY #ShortStrangle – I’m switching…

$SVXY #ShortStrangle – I’m switching to some strangle trades to boost total return on margin.
Sold SVXY Apr 28 2017 150.0 Calls/75.0 Puts @ 0.63 total credit. Only two weeks out.

NFLX plan

#Earnings #ShortStrangle Bought to close NFLX June 175 call for .90. Sold for 3.00 on Oct 21st. Getting out before earnings in case this one explodes higher again. Still short a June 120 put.

I will definitely look to sell a strangle or at least puts into earnings on April 17th.