Option Strategies: ZM, TOL& BIDU

2023-08-23

Hello everyone! Today I want to share option strategies with you! Hope it can be helpful to you!

Closed out our $Zoom(ZM)$ and $Baidu(BIDU)$ strangles for the win! Was hoping that the BIDU call position would have dropped down more in pricing so that we could close out at less than 0.10 ... but ... is what it is. Need to free up buying power for the next trade.

Image

Initiated an optionselling trade on $Toll Brothers(TOL)$ to play it for earnings after market close today. Trying to sell a strangle on the 66p and 86c as those were the furthest-out strikes that had bidders and offered barely acceptable premiums to us. Heading into the office now, so will check back in during lunch to see if our orders got filled or not. We are playing this conservatively by selling as far outside the expected move range as we can.

Image

Follow me to learn more about analysis!!

Technical Analysis

Here is the place for you to discuss & learn about technical analysis.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

258

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":211914971603056,"tweetId":"211914971603056","gmtCreate":1692769367607,"gmtModify":1692770161537,"author":{"id":10000000000010846,"authorId":10000000000010846,"authorIdStr":"10000000000010846","name":"Selling For Premium","avatar":"https://community-static.tradeup.com/news/6e71af8d806acf06bae64d5fa3e020c0","vip":8,"userType":8,"introduction":"。","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":545,"starInvestorFlag":false},"themes":[{"themeId":"cbd77e946ac14fe7a25c7ee9a998fe0b","categoryId":"7cbb30544f7e4946acd0f699136a7d66","name":"Technical Analysis","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":cbd77e946ac14fe7a25c7ee9a998fe0b}&rnconfig={\"headerBarHidden\": true}","description":"Here is the place for you to discuss & learn about technical analysis.","image":"https://static.tigerbbs.com/e6324b5c4404749c5b786e45e4947245"}],"images":[{"img":"https://community-static.tradeup.com/news/e64f81af0f00917b10d8df9cc0613cd6","width":"1080","height":"299"},{"img":"https://community-static.tradeup.com/news/33c959f48c5639952b77da4f4bfcd316","width":"900","height":"176"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/e64f81af0f00917b10d8df9cc0613cd6","width":"1080","height":"299"}],"title":"Option Strategies: ZM, TOL& BIDU","html":"<html><head></head><body>Hello everyone! Today I want to share option strategies with you! Hope it can be helpful to you!Closed out our <a data-mention-id=\"ZM\" class=\"teditor-mention\" data-mention-name=\"Zoom\" href=\"https://ttm.financial/S/ZM\">$Zoom(ZM)$</a> and <a data-mention-id=\"BIDU\" class=\"teditor-mention\" data-mention-name=\"Baidu\" href=\"https://ttm.financial/S/BIDU\">$Baidu(BIDU)$</a> strangles for the win! Was hoping that the BIDU call position would have dropped down more in pricing so that we could close out at less than 0.10 ... but ... is what it is. Need to free up buying power for the next trade.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/e64f81af0f00917b10d8df9cc0613cd6\" tg-width=\"1080\" tg-height=\"299\">ImageInitiated an optionselling trade on <a data-mention-id=\"TOL\" class=\"teditor-mention\" data-mention-name=\"Toll Brothers\" href=\"https://ttm.financial/S/TOL\">$Toll Brothers(TOL)$</a> to play it for earnings after market close today. Trying to sell a strangle on the 66p and 86c as those were the furthest-out strikes that had bidders and offered barely acceptable premiums to us. Heading into the office now, so will check back in during lunch to see if our orders got filled or not. We are playing this conservatively by selling as far outside the expected move range as we can.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/33c959f48c5639952b77da4f4bfcd316\" tg-width=\"900\" tg-height=\"176\">ImageFollow me to learn more about analysis!!</body></html>","htmlText":"<html><head></head><body>Hello everyone! Today I want to share option strategies with you! Hope it can be helpful to you!Closed out our <a data-mention-id=\"ZM\" class=\"teditor-mention\" data-mention-name=\"Zoom\" href=\"https://ttm.financial/S/ZM\">$Zoom(ZM)$</a> and <a data-mention-id=\"BIDU\" class=\"teditor-mention\" data-mention-name=\"Baidu\" href=\"https://ttm.financial/S/BIDU\">$Baidu(BIDU)$</a> strangles for the win! Was hoping that the BIDU call position would have dropped down more in pricing so that we could close out at less than 0.10 ... but ... is what it is. Need to free up buying power for the next trade.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/e64f81af0f00917b10d8df9cc0613cd6\" tg-width=\"1080\" tg-height=\"299\">ImageInitiated an optionselling trade on <a data-mention-id=\"TOL\" class=\"teditor-mention\" data-mention-name=\"Toll Brothers\" href=\"https://ttm.financial/S/TOL\">$Toll Brothers(TOL)$</a> to play it for earnings after market close today. Trying to sell a strangle on the 66p and 86c as those were the furthest-out strikes that had bidders and offered barely acceptable premiums to us. Heading into the office now, so will check back in during lunch to see if our orders got filled or not. We are playing this conservatively by selling as far outside the expected move range as we can.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/33c959f48c5639952b77da4f4bfcd316\" tg-width=\"900\" tg-height=\"176\">ImageFollow me to learn more about analysis!!</body></html>","text":"Hello everyone! Today I want to share option strategies with you! Hope it can be helpful to you! Closed out our $Zoom(ZM)$ and $Baidu(BIDU)$ strangles for the win! Was hoping that the BIDU call position would have dropped down more in pricing so that we could close out at less than 0.10 ... but ... is what it is. Need to free up buying power for the next trade. Image Initiated an optionselling trade on $Toll Brothers(TOL)$ to play it for earnings after market close today. Trying to sell a strangle on the 66p and 86c as those were the furthest-out strikes that had bidders and offered barely acceptable premiums to us. Heading into the office now, so will check back in during lunch to see if our orders got filled or not. We are playing this conservatively by selling as far outside the expected move range as we can. Image Follow me to learn more about analysis!!","highlighted":1,"essential":2,"paper":2,"likeSize":258,"commentSize":0,"repostSize":14,"favoriteSize":0,"link":"https://ttm.financial/post/211914971603056","repostId":0,"isVote":1,"tweetType":1,"viewCount":1136,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["TOL","ZM","BIDU"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":713,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/211914971603056"}