Hello everyone! Today i want to share some option strategies with u!1.Pre-earnings trade idea on $MongoDB Inc.(MDB)$ Earnings Release: March 7 after market close Expected Move: ~13% / IV 300%+ (this is setting up to potentially be a big mover post-earnings) Trade: Sell-to-open a Strangle targeting 3-4X outside the expected move (so, strikes that are 30-40% away from the current trading price). March 8 expiration, 280-290 put & 580 call strikes. The 280-290 level is at the gap from a previous earnings release and the 580 level is near the ATH. Goal: Trade expires worthless tomorrow or can be closed out for less than 0.05/contract as MDB price stays within the strikes. If a strike is breached (or looks very likely to get breached), then close out

Hello everyone! Today I want to share some option strategies with you!Closed out our put trades on $Costco(COST)$ for profit and to free up buying power to potentially sell some spreads on $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ .Image $Amazon.com(AMZN)$ Decided to roll it to next week and lower the strike. We're still overall in a bearish environment, and who knows what is gonna happen with the govt shutdown this weekend. Will wait for confirmation that this bounce is in fact sustained before entering into a position. Wouldn't mind taking assignment where AMZN found buying support ... back at 124.ImageLadie

Hello everyone! Today I want to share some option strategies with you!Trade idea on: $Nike(NKE)$ Earnings date: Sep 28 after market close Expected move: 5% Entry: Retail has been getting killed, and considering current economic environment and market sentiment, it is easy to see how NKE could guide down and come in with lackluster numbers. Look at the daily chart on NKE … its been in a downfall. The question is ... has selling exhausted itself? That said, tutes and hedgies don't want retail to win, so if too many retail folks are betting on downside, then the tutes and hedgies could burn puts but also may not necessarily pump the stock to reward call holders. Hence, the best thing to do here in our opinion is to sell the options (versus buying) and

Hello everyone! Today i want to share some trading ideas with you!1.Anyone brave enough to write puts on $RH(RH)$ heading into earnings today? Expected move is ~13% with a very high IV of ~260%.This stock has been killed off so much from ATH. Would like to write the 75 put strike for Dec 19 expiration, but there is no premium. May take a 110/105 put credit spread instead.Image.2.Wasn't too sure how $RH(RH)$ would report for earnings, but was leaning to the downside, so wrote a conservative put credit spread instead of writing naked puts. Also wrote a naked call ... don't see RH hitting 230 on good earnings.Hindsight is obviously 20/20, but should have just written the put straight up with no hedge. Gave up lo

Hello everyone! Today i want to share some trading ideas with you!1.We feel compelled to trade $American Express(AXP)$ for earnings being an #amex cardholder. Expected move is 4% for tomorrow, 5.3% for next Friday.Gonna write puts at the 285 and 280 levels, Oct 24 expiry. Both those strikes are below the volume point-of-control and strong support.Image2.So tempted to trade $Ally(ALLY)$ for earnings. Ideally looking at the $29 strike for a put-write trade, but would be forced to go out to Nov 21 expiry to get premium as Oct 17 doesn't exist. Don't feel like holding a trade until mid-November if it goes against us. And not as comfortable writing the $33 put strike for Oct 17 expiry.Still got time to decide,

Hello everyone! Today i want to share some option strategies with you!1.Wrote cash-secured puts on $Opendoor Technologies Inc(OPEN)$ in two accounts. Sep 19 expiry, $2 strike.The fundamental narrative has positively changed on this company with J-Pow's change of stance on interest rates.Depending on how price action plays out (if OPEN is finding a base around 4), might roll up strike to 2.5 or 3 to capture additional premium.Image2.Writing naked calls on $BitMine Immersion Technologies Inc.(BMNR)$ seems like the play for today. Sep 5 expiry, strike in the 50s.Will do what we can to help entice the tutes to chase our strike for those holding a long BMNR position.For whom haven't open CBA can know more from