Hello everyone! Today i want to share some option strategies with you!1.Followed the homie on this optionselling pre-earnings trade for $Target(TGT)$ .Sold the Nov 22 expiration $130 strike puts.130 is a demand zone as well as previous earnings bottom. There is also some volume support down around that level. 2X the expected move is around 130.Would have preferred to sell the 110 gap, but no premium at that level for this week's expiration.2.Took this trade on $SUPER MICRO COMPUTER INC(SMCI)$ earlier today. Straight up bought shares. Debating on exiting for quick profit or holding thru NVDA's earnings.🤔Also wondering if this might be a longer hold for more upside leading into SMCI's earnings. 🤔🤔Follow me t
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
Hello everyone! Today i want to share some option strategies with you!1. $Celsius Holdings, Inc.(CELH)$ Gonna test the waters here on CELH and take a somewhat aggressive trade.Sold-to-open the Jan 2025 $26.67 puts. Playing this for a bounce from current level. Am betting that bottom is in. Will close for a loss or roll the strike down-and-out if we are wrong on the bet.2.Who is taking trades on $Walt Disney(DIS)$ for earnings?Earnings date: Thursday, Nov 14 before market openExpected move: 6.7% (subject to change)Pre-Earnings Trade:We have a long position on DIS in both shares and leaps. Here are the trades we are targeting. - Sell covered calls, Nov 22 expiration, $115 strike - Buy call debit spread, Nov
Hello everyone! Today i want to share some option strategies with you!1.Manipulation at its finest ... $Spirit Airlines(SAVE)$ gets pumped yesterday to draw in retail money ... and then gets dumped by tutes on bankruptcy news in after-hours today. Hmmm ... degen play on it tomorrow 🤔 ... let's see what premium looks like on the $0.5 strike options 😆2.This trade worked out very well. Gonna sit on the shares for now and hold long. Premiums and option strikes don't look that great, otherwise would be selling covered calls. $Grab Holdings(GRAB)$ up 12% post-earnings.Follow me to learn more about analysis!!
Hello everyone! Today i want to share some option strategies with you!1. $Trade Desk Inc.(TTD)$ releases earnings after the closing bell today. Expected move is ~9%. IV is very high too. Volume point-of-control just under 100. Solid volume support at that same level/area.Gonna sell the Nov 15 exp $100 strike put for an trade. Assignment is acceptable to us. Might also buy some lotto calls.2. $Block(SQ)$ releases earnings after the closing bell today. Expected move is ~11%. IV is very high too.Volume point-of-control around 65. Solid volume support at 60. Trend bottom at 55.Gonna sell a conservative Nov 15 exp $60 strike put. Could go up to 65 for more premium capture, but we are gonna keep it conservative on
Hello everyone! Today i want to share some option strategies with you!1.Been so busy this morning with a bunch of stuff ... haven't even really looked at optionselling earnings plays for these days.- $SolarEdge(SEDG)$ is probs gonna dump for earnings, it would be very surprising to see it pump unless the big players are trying to burn puts so that they don't have to pay out- $Datadog(DDOG)$ looks enticing, Nov 8 expiration 100 put strike (that is right around the Aug 5th bottom and well below the 200EMA)Might buy puts/put spread on SEDG, sell naked calls on SEDG, and sell puts on DDOG.Also looking at $AppLovin Corporation(APP)$
Hello everyone! Today i want to share some option strategies with you!1.Well this is interesting ... based on historical public data, for all the FinTwit folks that keep pushing a "market is pumping because its projecting a Trump victory" ... the truth of the matter is that if you want the broader stock market to have the highest return, then you actually want a democratic president with a divided government (house vs senate). $SPDR S&P 500 ETF Trust(SPY)$ 2.Revisiting the $Micron Technology(MU)$ trade ... we got bottom level pegged at 84 and a small gap at 96. If you are wanting to write premium, then the 84-96 range is a solid range to target (assuming you are good with assignment).We would probably ta
Hello everyone! Today i want to share some option strategies with you!1. $SoFi Technologies Inc.(SOFI)$ Look at that ... institutional ownership in SOFI is increasing. Glad to see it! But you know what that means ... be prepared for tutes to kill price action to shake out retail in order to get more shares. Not saying it will for sure happen, but just be prepared.2.Who is gonna play $SUPER MICRO COMPUTER INC(SMCI)$ for earnings?Earnings date: Tuesday, Nov 5 after market close [don't forget to vote]Expected move: ~25%Technical analysis isn't even necessary at this point ... and anyone sharing charts on it honestly has no clue.With the unfortunate accounting firm news this past week, no one really knows wha
Hello everyone! Today i want to share some option strategies with you!1.225 is the target strike we will sell puts on $Tesla Motors(TSLA)$ ... that's where the gap is. That said, 220 is a decent strike to target as well ... strong volume support at that level. Premiums are good on both strikes.Follow me to learn more about analysis!!