Option Strategies: FDX, AMD& DDOG
Hello everyone! Today I want to share some option strategies with you!
Here is the screenshot of our $FedEx(FDX)$ Iron Condor trades placed yesterday. Gonna let all legs expire worthless for profit unless we decide to take some optionselling trades today. Will then close out the puts to free up buying power.
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Got $Advanced Micro Devices(AMD)$ 98 and 100 puts expiring today. Gonna take the L on both ... and do this ...
- Exit out the 98p and roll buying power into $Datadog(DDOG)$ Oct 20 exp 84 strike ... thereby receiving premium to cover the buyback loss and positioning us at the low point of DDOG post-earnings for possible entry
- Roll the 100p to Sep 29 exp and lower the strike to 99 (or lower) ... we want assignment of shares, but want it as low as we can get it.
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