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Option Strategies: AVGO, MDB& .SPX

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
Option Strategies: AVGO, MDB& .SPX

Option Stratgies: COST, .SPX, SPY& AMZN

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
Option Stratgies: COST, .SPX, SPY& AMZN

Option Strategies: .SPX, AMZN, MANU& STZ

Hello everyone! Today I want to share some option strategies with you!Going to wait until the last 10 minutes before market close to see if $S&P 500(.SPX)$ has any big spikes up like it did yesterday. Will sell a call spread targeting 4300+ on the sold strike during the spike. Selling today instead of tomorrow to capture a higher strike. Betting on/assuming that SPX has another down move tomorrow (daily chart doesn't look constructive).So far this feeling has played out nicely on $Amazon.com(AMZN)$ . Let's see if we tap 124 this week or close at that level or below by end of week.Right now not much going on with $Manchester United PLC(MANU)$ . All the specula
Option Strategies: .SPX, AMZN, MANU& STZ

Option Strategies: NKE& CCL

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
Option Strategies: NKE& CCL

Option Strategies: FDX, BITO& HUT

Hello everyone! Today i want to share some option strategies with u!1.Crypto-mining and related Bitcoin stocks are taking a hit today. Was gonna sell puts on $ProShares Bitcoin Strategy ETF(BITO)$ and $Hut 8 Mining Corp(HUT)$ , but might just set an order for tomorrow and see if it fills at a better price if this dump continues.2.STO: Iron Condor on $FedEx(FDX)$ - Jan 5 expiration, 245/242.5 put credit spread, 265/267.5 call credit spread Targeting the bottom of its post-earnings drop and where we need it to go to break even on our assigned shares.ImageImageFollow me to learn more about analysis!!https://twitter.com/Selling4Premium
Option Strategies: FDX, BITO& HUT

Option Strategies: PLTR

Hello everyone! Today i want to share some option strategies with you!1.Unless FOMC and/or MOPEX sends the price back down, it looks like its gonna be a roll on our $Palantir Technologies Inc.(PLTR)$ covered calls. This thing going above the 35 and 36 strikes we sold. Good problem to have. Sold 32 strike puts the other week … gonna let that position expire worthless and then re-sell some more depending on where the price is trading at upon expiration. Follow me to learn more about analysis!!https://x.com/Selling4Premium/status/1835744910407835996
Option Strategies: PLTR

Option Strategies on This Week

Hello everyone! Today I want to share some option strategies with you!1.There is no "us" versus "them" when it comes to option-sellers and option-buyers. We are all part of the broader and larger optionsTrading community. We decide to take opposite sides of the trade for various reasons, but that does not make one side more right or wrong. For those of you that chastise option-sellers for "picking up pennies in front of steam-rollers", we would urge you to take more time to learn about the trading style/strategy/approach before making ignorant statements such as that or blasting the "option-sellers on X" optionselling community. Ultimately, we as option-traders (regardless of what side of the trade you take) are here to help each other learn, succeed, and get better ... not to bring others
Option Strategies on This Week

Option Strategies: GTLB& GME

Hello everyone! Today I want to share some option strategies with you!1.Well ... looks like the options MMs did not open up strikes below 35 on $GitLab, Inc.(GTLB)$ . Lots of OI at the 40p strike. If we sell puts at the 35 strike, we have to be willing to accept assignment. Thing is, we don't really want to add more long positions at this time. Might have to skip this optionselling trade altogether or play it post-earnings.2.This $GameStop(GME)$ stuff is getting interesting ... so interesting that we re-started our Reddit account and joined the Superstonk and GME communities! Follow me to learn more about analysis!!https://x.com/Selling4Premium
Option Strategies: GTLB& GME

Option Strategies of MSFT

Hello everyone! Today i want to share some option strategies with you!1. $Microsoft(MSFT)$ announces earnings after the closing bell tomorrow (Tuesday). Expected move is ~5% by close of market this Friday, placing the downside range just above 400. Strong volume support at the 370 and 400 levels, with longer-term volume point-of-control around 370.Thinking of taking one of the following optionselling pre-earnings trades tomorrow, and am okay to get assigned shares or roll position to a lower strike if need be.▫️ Sell-to-open Aug 2 expiration 385 strike put▫️ Sell-to-open Aug 9 expiration 370 strike putFollow me to learn more about analysis!!https://x.com/Selling4Premium
Option Strategies of MSFT

Option Strategies: FDX

Hello everyone! Today i want to share some option strategies with you!1.Hmmm … 50 bps over 25 bps expected … trying to figure out if this is good or not longer term for stock market reaction based on the implications of this decision for 50 over 25 rate cut.Wonder if the FED is simply playing catch-up since it has been very conservative in past rate cut decisions when economic data was already showing signs of improvement (inflation, earnings, etc.) considering jobs numbers.Camp still looks mixed with some "experts" saying this is a good thing for the market while others disagree. We shall find out. Let's hear what J Pow has to say and see how the market reacts today and over the coming days. $S&P 500(.SPX)$ 2.Pre-earnings trade idea on:
Option Strategies: FDX

Option Strategies: ZS& NKE

Hello everyone! Today i want to share some option strategies with you!1.Geez ... $Zscaler Inc.(ZS)$ on a rampage today. Not sure what is gonna happen tomorrow, so will probs roll the 190 calls and buy calls to hedge the naked position.Will let the put position expire worthless and look to sell puts for next week in the 170-175 strike range.2.Took an optionselling pre-earnings trade on $Nike(NKE)$ . Sold-to-open the June 28 expiration 84/80 put credit spread. Might also take a trade on the call side ... tbd.▫️ Targeting a previous bottom support level at 84 with a hedge down to the 80 level▫️ NKE has had negative price reaction the previous two earnings releases ... could this time be different▫️ Expected mov
Option Strategies: ZS& NKE

Option Strategies: ORCL& DLTR

Hello everyone! Today i want to share some option strategies with you! 1.Trade idea on $Oracle(ORCL)$ Earnings Date: March 11 after market close Expected Move: ~8% (could change on Monday) Trade: Sell-to-open a Strangle, March 15 expiration, 90 put & 140 call strikes Points of consideration: - Double-top rejection at the 128 price level - Volume resistance and point-of-control at the 116 level - Previous earnings bottomed at the 99 level - Weakness in the database/data-warehouse tech names as evidenced by MDB and SNOW earnings - The 90p & 140c strikes are 2X the expected move, but keep in mind that actual earnings moves on tech names have been coming out higher than the expected move lately.ImageImage2.Trade idea on
Option Strategies: ORCL& DLTR

Option Strategies: GOOGL

Wasn't planning on placing many ER trades this week, but took a few. Snuck in a pre-earnings trade on $Alphabet(GOOGL)$ . Now off to the pool. - STO Apr 26 exp 130 strike puts This play is for assignment if Google drops to 130 ... otherwise, will happily just capture the premium. 130 was a previous bottom support level. Gap around 143.ImageImageFollow me to learn more about analysis!!https://twitter.com/Selling4Premium
Option Strategies: GOOGL

Option Strategies: ZS

Hello everyone! Today i want to share some option strategies with you!1.Pre-earnings trade idea on: $Zscaler Inc.(ZS)$ Earnings date: Tuesday, Sept 3rd after market closeExpected move: 10%Pre-Earnings Trade Idea:- Sell-to-open a cash-secured put, Sept 6 expiration, 160 strike [also got the 165p already in play, so am adding to the position by layering in]- Could turn this trade into a strangle and sell the 270 call strike, but naked calls are very risky, so might want to do a spread on it to hedge/reduce risk exposure- Speaking of spreads, also have a diagonal calendar debit spread in play [170 long strike and 210 short strike ... might roll the short strike to 215, Sept 20 expiration]Points to Consider:- Expected move places downside to 177 and ups
Option Strategies: ZS

Option Strategies: DELL, MDB, LULU, CRM& CRMD

Hello everyone! Today I want to share some option strategies with you! Hope it can be helpful to you!Closed out trades on $Salesforce.com(CRM)$ and $CorMedix Inc.(CRMD)$ to lock in profit and free up buying power for trades on $MongoDB Inc.(MDB)$ and possibly $Lululemon Athletica(LULU)$ and $Dell Technologies Inc.(DELL)$ today.ImagePulled the trigger on that big drop right now. Hopefully $MongoDB Inc.(MDB)$ recovers and doesn't drop more. Would like to think we timed our trade perfectly, but still too much time left in the trading day. Sol
Option Strategies: DELL, MDB, LULU, CRM& CRMD

Option Strategies: ZS& GTLB

Hello everyone! Today I want to share some option strategies with you! Hope it can be helpful to you! $GitLab, Inc.(GTLB)$ releases earnings after market close on Tuesday this week. Gonna take an optionselling trade on it today. - Expected move = 14% (that's a big move) - Bottom was at 26 and was the lowest price since its IPO - We like this stock for a long-term hold and wouldn't mind assignment - Sold puts on the Sep 8 expiration, 37 strike (which is at the gap) - Not doing anything fancy here (strangles or iron condors) ... simply selling a putImageImageImage $Zscaler Inc.(ZS)$ releases earnings after market close on Tuesday this week. Gonna take an optionselling trade on it today. - Expected move = ~8%
Option Strategies: ZS& GTLB

Option Strategies: PATH

Hello everyone! Today i want to share some option stratgies with you!1. $UiPath(PATH)$ has earnings after market close on Wednesday May 29. Options chain looks like it is setting up bullishly, but anything is possible with earnings results and reactions. Volume point-of-control at the 16.5 level with support built up in the 15-18 range. Might take an optionselling trade at the 16.5p and possibly buy calls (strike & expiration date tbd).ImageImageFollow me to learn more about analysis!!https://x.com/Selling4Premium
Option Strategies: PATH

Option Strategies: ZM, TOL& BIDU

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.ImageInitiated 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 du
Option Strategies: ZM, TOL& BIDU

Option Strategies: ZM, BIDU& TSLA

Hello everyone! Today I want to share some options strategies with you. Hope it can be helpful to you.Trade idea on: $Zoom(ZM)$ Earnings date: Monday, Aug 21, after market close Expected move: ~9% Entry: Sell-to-open puts at the Aug 25 expiration and the 60 (or slightly lower) strike price. Expected move places downside to 60 (as of Friday's closing price). Looking at the daily chart on ZM, we can clearly see that ZM has long-term bottom support established at 60, and has not broken below it since its IPO back in 2019. We are wondering if institutions will continue to defend the 60 level, or if this earnings will be the one to finally send it back below 60. Exit: Buy-to-close the position for profit after earnings to take advantage of IV crush if ZM
Option Strategies: ZM, BIDU& TSLA

Option Strategies: .SPX& ADSK

Hello everyone! Today I want to share some option stratgies with you!1.Flat day on $S&P 500(.SPX)$ today? 4535/4530 put credit spread looks tempting.For example: Took a trade on $S&P 500(.SPX)$ and sold the Nov 22 exp 4535/4530 put credit spread. Wasn't able to post a screenshot of the trade when we executed it since we've been running around this morning doing pre-Thanksgiving errands. Anyways, knowing that we couldn't monitor closely but having a thesis that SPX was gonna trade flat for today and the theta burn should benefit our position, set a "buy-to-close" limit order at 0.05 to close out the trade since you never know what could happen in the last hour to minutes of the trading day (as in t
Option Strategies: .SPX& ADSK

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