Option Strategies: COST& KMX
Hello everyone! Today I want to share some option strategies with you!
Snuck in these optionselling trades on $Costco(COST)$ during lunch. Playing it for earnings today.
- 515/510 put spread (filled)
- 590/595 call spread (partially filled ... hoping it gets completely filled before market close)
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$CarMax(KMX)$ for an earnings trade tomorrow.
Expected move = ~8.3%. Earnings released before market open on the 28th.
Optionselling idea on the 65 put strike (or lower) and the 92 call strike (or higher).
KMX has had big swings before. In this economic climate and market environment, we think it is probably better to sell the calls instead of the puts.
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