$CRWD 20260702 640.0 PUT$ This was a close one. My strangle on CRWD for earnings play was based on a study of options data and an expected move of 10% with my short at 12%. However CRWD fell before earnings and so my position became close to 11%. After earning it was broken. I rolled the short put lower and luckily the stock surged and I could exit at a small profit. For a time mark to market loss was huge. Finally I settled for this naked put
$CRWD 20260702 650.0 PUT$ This was a close one. My strangle on CRWD for earnings play was based on a study of options data and an expected move of 10% with my short at 12%. However CRWD fell before earnings and so my position became close to 11%. After earning it was broken. I rolled the short put lower and luckily the stock surged and I could exit at a small profit. For a time mark to market loss was huge.
$CRWD 20260605 860.0 CALL$ This was a close one. My strangle on CRWD for earnings play was based on a study of options data and an expected move of 10% with my short at 12%. However CRWD fell before earnings and so my position became close to 11%. After earning it was broken. I rolled the short put lower and luckily the stock surged and I could exit at a small profit. For a time mark to market loss was huge.
$DIA VERTICAL 260630 PUT 464.0/PUT 449.0$ Took profit on monthly 0.2 delta puts. If market turns this strategy will be unviable and will have to turn to calls but they have lesser premiums.