Hello everyone! Today i want to share some option strategies with you!1. $FedEx(FDX)$ releases earnings after market close. We are contemplating getting back into the stock. Gonna sell puts at the 220 strike, Dec 20 expiration. Will take assignment if it drops that low after earnings.Based on gamma structure:- Call wall at 300- Put wall at 2402.Hey $Micron Technology(MU)$ ... you see what $FedEx(FDX)$ is doing post-earnings? That is what you were supposed to do! 🤦🏽‍♂️Follow me to learn more about analysis!!

Hello everyone! Today i want to share some option stratgies with you!1.Tapped it but could not hold the $80 level. $Palantir Technologies Inc.(PLTR)$ needed a cool-off and probs needs a bit more selling to reset for another move up. Maybe the sell-off will be short-lived if we get good news after market close tomorrow. If not, then possibly more drop-off. We will find out soon.2.Many folks have asked us if we buy options and take directional bets? Short answer: sometimes. We prefer to write options for many reasons that align with the way we like to trade as well as what our time permits. One of those reasons: Time Decay !! Options are a wasting asset since the value of the option erodes as time passes and it approaches its expiration date. Option

Hello everyone! Today i want to share some option strategies with you!1. $Broadcom(AVGO)$ releases earnings after market close on Thursday. Is this gonna be another tech stock that drops regardless of how it reports?We are targeting the following cash-secured put strikes for optionselling trades. Dec 20 expiration.▫️ 157 (recent bottom and lower bound of volume cluster)▫️ 150 (just below the 200EMA)▫️ 135 or 130 (recent bottoms of trend channel)2.TRADE PLAN UPDATE: ▫️ Okay, so $Adobe(ADBE)$ released earnings and dropped. Call credit spread can be closed out to capture profit versus having to hold it all the way until expiration (unless you want to hold it to try and capture max profit). ▫️ 470 put can be

Hello everyone! Today i want to share some option strategies with you!1.Liking this pre-earnings optionselling trade idea on $Adobe(ADBE)$ . Haven't done a jade lizard in a while. This is a neutral/slightly bullish strategy. Read below for details.▫️ STO Jan 17 25 expiration, 470 cash-secured put & 550/555 call credit spreadThe 470 put strike is the most recent bottom as well as a previous gap level. Looks like a solid strike to target for assignment, although we'd feel more comfortable at the 435 strike.The 550/555 call credit spread is essentially ATM, but it does look like ADBE might be setting up for a post-earnings drop as it has pumped up leading into earnings and profit-taking sell-offs on tech seem to be the norm right now. The OP prob

Hello everyone! Today i want to share some option strategies with you!1.Who is playing $GameStop(GME)$ for earnings tomorrow ?!?!?!- 22 is the level with the strongest volume support and thus point-of-control- 19 is the bottom from previous earnings- Clear skies above current price with not a lot of overhead volume resistanceAm disappointed though that the Dec 13th put premiums and IV are not higher (for optionselling) with all the cult-like interest that surrounds this stock. That said, the call premiums are decently juicy. Looks like folks are betting to the upside on this, which means that if its primarily retail betting on the upside, then the tutes/hedgies are probs gonna kill this for earnings.We shall see ... happy to be wrong so that calls

Hello everyone! Today i want to share some option analysis with you!1. $MongoDB Inc.(MDB)$ releases earnings on Monday after market close. Am probs gonna do the same thing that we did for GTLB by #Optionselling laddered strikes to play earnings, Dec 13 expirations.Targeting the following strikes to sell puts on:- 280 at first decent volume support bar- 245 at another volume support bar- 230 at strongest volume support bar and point of control- 215 at bottom from two earnings cycles agoFollow me to learn more about analysis!!

Hello everyone! Today i want to share some option strategies with you!1.Gonna try something new for an optionselling trade on $GitLab, Inc.(GTLB)$ to play for earnings today.Thinking of laddering strikes with a pyramid contract structure and split expirations.- STO 1 contract, Dec 6 exp, 54 put strike (at volume point-of-control and strongest volume support per the timeframe selected on the daily chart)- STO 3 contracts, Dec 6 exp, 50 put strike- STO 6 contract, Dec 13 exp, 46 put strike2.Might take an optionselling trade on UTLA to play it for earnings. Sell the 320 (or lower) strike for Dec 13 or Dec 20 expiration. 1 contract ... nothing big ... just pick up some lunch money and maybe shares if it drops that low.Follow me to learn more about ana

Hello everyone! Today i want to share some option strategies with you!1. $UiPath(PATH)$ releases earnings after market close on Thursday. Got a long position in shares from an assignment at the $15 strike from two earnings releases ago (on that big drop). Been holding the losing position ever since, but selling calls against it to lower the cost basis. Today, PATH got back above 15 and we have the Dec 6 $16 strike covered calls on it. Debating whether to: - 1) hold the call thru earnings - 2) roll the call to capture more potential upside if PATH pumps post-earnings (there is a very big upside gap at 18) - 3) buy back the call and sell the shares while price is above 15 (we would walk away with net profit on the overall trade, closing this long ho

Hello evreyone! Today i want to share some option strategies with you!1.Earnings trade idea on: $Okta Inc.(OKTA)$ Earnings date: Tuesday Dec 3 after market closeExpected move: ~13% (subject to change on Tuesday)Pre-Earnings Trade Idea:- Debating what to do here ... looks like OKTA might be setting up for an upside move post-earnings, but we don't have a good feel for it- If we do write options, it would be to sell the Dec 6 expiration put, 55 or 60 strikePost-Earnings Trade Reactions:- Buy-to-close if OKTA stays above put strike and IV crush kills the premium to position the trade in profit- If the underlying breaches the put strike, then close for a loss or roll to a lower strike and farther-out date to get either a worthless expiration or get a

Hello everyone! Today i want to share some option strategies with you!1.The post-earnings dump on both $Dell Technologies Inc.(DELL)$ and $Workday(WDAY)$ presents put optionselling opportunities. The goal will be to try and capture any remaining premium at market open on the following strikes, Nov 29 expiration:Dell - 100 to 110 range (below 200EMA and around volume point-of-control) ... could move up to 115 strike if there is no decent premium below thatWDAY - 210 to 225 range (below 200EMA and in a volume valley)2.Liking $NVIDIA Corp(NVDA)$ based on daily chart … got out of naked calls for profit and now selling puts on it (for premium, but all good to take ass

Hello everyone! Today i want to share some option strategies with you!1.Sure. We have a long position on $Abercrombie & Fitch(ANF)$ . Selling the 210 strike and buying the 220 strike as a hedge, thus turning this into a call spread for credit (premium) received.If ANF happens to breach 210 by Friday expiration, then most likely the 220 calls would be worth more than was bought for.Hence, could break up the spread and sell the 220 calls for profit, keep the [short] 210 calls in play and that would then be married up to the long position to turn the position into a covered call position. If ANF doesn’t hit 210 by Friday expiration, then the spread trade ends up expiring for max profit. Ideally, we would want ANF to move up for earnings and breach

Hello everyone! Today i want to share some option strategies with you!So, here's the plan on our $Snowflake(SNOW)$ 150CC. 1. Gonna watch the price action to see how SNOW plays out the rest of this week. If it holds above 150 but looks like it will close the week in the 150-155 range, then we are just gonna let our shares get called away at 150 and will sell a cash-secured put to get back in.2. If SNOW closes the week at 155+, then we will roll our CCs to a higher strike (to capture more upside), expiration tbd based on how high a strike we want to go while getting net credit for the trade. We will probs target a strike at 160 or higher.There is resistance at the 155-160 volume bar with add-on volume bar resistance up to 170. So, what we would be l

Hello everyone! Today i want to share some option stratgies with you!1. $Snowflake(SNOW)$ releases earnings after market close on Wednesday Nov 20th. Expected move is ~11% (subject to change leading up to earnings).We have a long position (shares) on SNOW. Here are our optionselling trades for earnings.- Sell covered calls at the 150 strike if SNOW stays around the 120-130 range (we are good to be called away)- Sell covered calls above 150 strike if SNOW trades higher than 135 into Wednesday's close- Depending on price action movement heading into Wednesday's market close, if there is a steep pump where it looks like the pump is to sell out at a higher price before earnings, then we will go with the 150 strike (or even down to 145 to capture more

Hello everyone! Today i want to share some option strategies with you!1. $Walt Disney(DIS)$ be paying today while the broader market is poor. Congrats to those that decided to follow along on the trade. We are going to continue holding our long position for now. 🤑2. $Snowflake(SNOW)$ and $NVIDIA Corp(NVDA)$ ... earnings on the same day next week. Will be playing both and then leaving for AZ. Hopefully both send us off with a good start to the trip! 🤞🏽🙏🏽3. $Applied Materials(AMAT)$Thinking of selling the Jan 17 2025 $155 put and then buying the Nov 22 call (strike tbd) to bet on upside for earnings.This is a directional be