Option Strategies: ORCL

Selling For Premium

Hello everyone! Today i want to share some option strategies with you!

1.

Tech getting sold off big time last week ... could it really be that easy a trade for $Oracle(ORCL)$ heading into earnings this week on Monday?

Looks primed for a drop based on the daily chart set-up (seen this before with ZS and other tech stocks). And the market doesn't seem to care if the earnings numbers beat and guidance is solid or raised. The market is in a sell-program, and stocks have been moving well beyond (sometimes 2-3X) their expected move with $Cboe Volatility Index(VIX)$ elevated.

Might take an optionsTrading cheap lotto put bet to see if institutional traders continue to punish tech no matter how solid earnings results are, and hedge with a lotto call bet as well.

- Buy-to-open the Sept 13 exp 125 strike put

- Buy-to-open the Sept 13 exp 170 strike call

If I decide to optionselling premium, it would be to trade this conservatively and sell-to-open the Sept 13 exp 113 strike put, and possibly strangle it by selling a naked call (strike tbd).

The 113 put is basically where strong volume support and point-of-control exist ... and the strike is around 2X the expected move to downside (subject to change based on how price action plays out on Monday).

Follow me to learn more about analysis!!

https://x.com/Selling4Premium

Welcome to Tiger Options Hub! Here you may talk and learn about all things on options trading!

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

10

1

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":347449637347328,"tweetId":"347449637347328","gmtCreate":1725853497052,"gmtModify":1725866549740,"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":544,"starInvestorFlag":false},"themes":[{"themeId":"6e1c80e1b0c649e4b4472938cebd4ac0","categoryId":"997e3653d17d4f86ac5ca7a2c649ef17","name":"Options Hub","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":6e1c80e1b0c649e4b4472938cebd4ac0}&rnconfig={\"headerBarHidden\": true}","description":"Welcome to Tiger Options Hub!\nHere you may talk and learn about all things on options trading!","image":"https://community-static.tradeup.com/news/ff0f1a617c615bc3d55c60d687ac808a"}],"images":[{"img":"https://community-static.tradeup.com/news/8db72264a48db1ba2cb4a41532c55b12","width":"1199","height":"821"},{"img":"https://community-static.tradeup.com/news/5c9c310692d2ea449c0a28fe250953bd","width":"978","height":"1200"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/8db72264a48db1ba2cb4a41532c55b12","width":"1199","height":"821"}],"title":"Option Strategies: ORCL","html":"<html><head></head><body><p>Hello everyone! Today i want to share some option strategies with you!</p><p></p><p>1.</p><p>Tech getting sold off big time last week ... could it really be that easy a trade for <a data-mention-id=\"ORCL\" class=\"teditor-mention\" data-mention-name=\"Oracle\" href=\"https://ttm.financial/S/ORCL\">$Oracle(ORCL)$</a>  heading into earnings this week on Monday? </p><p>Looks primed for a drop based on the daily chart set-up (seen this before with ZS and other tech stocks). And the market doesn't seem to care if the earnings numbers beat and guidance is solid or raised. The market is in a sell-program, and stocks have been moving well beyond (sometimes 2-3X) their expected move with  <a data-mention-id=\"VIX\" class=\"teditor-mention\" data-mention-name=\"Cboe Volatility Index\" href=\"https://ttm.financial/S/VIX\">$Cboe Volatility Index(VIX)$</a>  elevated.</p><p>Might take an optionsTrading cheap lotto put bet to see if institutional traders continue to punish tech no matter how solid earnings results are, and hedge with a lotto call bet as well.</p><p>- Buy-to-open the Sept 13 exp 125 strike put</p><p>- Buy-to-open the Sept 13 exp 170 strike call</p><p>If I decide to optionselling premium, it would be to trade this conservatively and sell-to-open the Sept 13 exp 113 strike put, and possibly strangle it by selling a naked call (strike tbd). </p><p>The 113 put is basically where strong volume support and point-of-control exist ... and the strike is around 2X the expected move to downside (subject to change based on how price action plays out on Monday).</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8db72264a48db1ba2cb4a41532c55b12\" tg-width=\"1199\" tg-height=\"821\"></p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5c9c310692d2ea449c0a28fe250953bd\" tg-width=\"978\" tg-height=\"1200\"></p><p></p><p><em>Follow me to learn more about analysis!!</em></p><p>https://x.com/Selling4Premium</p></body></html>","htmlText":"<html><head></head><body><p>Hello everyone! Today i want to share some option strategies with you!</p><p></p><p>1.</p><p>Tech getting sold off big time last week ... could it really be that easy a trade for <a data-mention-id=\"ORCL\" class=\"teditor-mention\" data-mention-name=\"Oracle\" href=\"https://ttm.financial/S/ORCL\">$Oracle(ORCL)$</a>  heading into earnings this week on Monday? </p><p>Looks primed for a drop based on the daily chart set-up (seen this before with ZS and other tech stocks). And the market doesn't seem to care if the earnings numbers beat and guidance is solid or raised. The market is in a sell-program, and stocks have been moving well beyond (sometimes 2-3X) their expected move with  <a data-mention-id=\"VIX\" class=\"teditor-mention\" data-mention-name=\"Cboe Volatility Index\" href=\"https://ttm.financial/S/VIX\">$Cboe Volatility Index(VIX)$</a>  elevated.</p><p>Might take an optionsTrading cheap lotto put bet to see if institutional traders continue to punish tech no matter how solid earnings results are, and hedge with a lotto call bet as well.</p><p>- Buy-to-open the Sept 13 exp 125 strike put</p><p>- Buy-to-open the Sept 13 exp 170 strike call</p><p>If I decide to optionselling premium, it would be to trade this conservatively and sell-to-open the Sept 13 exp 113 strike put, and possibly strangle it by selling a naked call (strike tbd). </p><p>The 113 put is basically where strong volume support and point-of-control exist ... and the strike is around 2X the expected move to downside (subject to change based on how price action plays out on Monday).</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8db72264a48db1ba2cb4a41532c55b12\" tg-width=\"1199\" tg-height=\"821\"></p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5c9c310692d2ea449c0a28fe250953bd\" tg-width=\"978\" tg-height=\"1200\"></p><p></p><p><em>Follow me to learn more about analysis!!</em></p><p>https://x.com/Selling4Premium</p></body></html>","text":"Hello everyone! Today i want to share some option strategies with you! 1. Tech getting sold off big time last week ... could it really be that easy a trade for $Oracle(ORCL)$ heading into earnings this week on Monday? Looks primed for a drop based on the daily chart set-up (seen this before with ZS and other tech stocks). And the market doesn't seem to care if the earnings numbers beat and guidance is solid or raised. The market is in a sell-program, and stocks have been moving well beyond (sometimes 2-3X) their expected move with $Cboe Volatility Index(VIX)$ elevated. Might take an optionsTrading cheap lotto put bet to see if institutional traders continue to punish tech no matter how solid earnings results are, and hedge with a lotto call bet as well. - Buy-to-open the Sept 13 exp 125 strike put - Buy-to-open the Sept 13 exp 170 strike call If I decide to optionselling premium, it would be to trade this conservatively and sell-to-open the Sept 13 exp 113 strike put, and possibly strangle it by selling a naked call (strike tbd). The 113 put is basically where strong volume support and point-of-control exist ... and the strike is around 2X the expected move to downside (subject to change based on how price action plays out on Monday). Follow me to learn more about analysis!! https://x.com/Selling4Premium","highlighted":1,"essential":1,"paper":2,"likeSize":10,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/347449637347328","repostId":0,"isVote":1,"tweetType":1,"viewCount":346,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["VIX","ORCL"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":true,"length":1098,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/347449637347328"}