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@Terra Incognita
I opened $DPZ VERTICAL 240517 CALL 540.0/CALL 545.0$ ,DPZ: sold bear call spread on Domino’s Pizza after its earnings. Strike was selected at $540/$545 right at the top of its intraday. Premium collection is $125 over max $500 of risk so it’ll be about 25% when expires. The stock rose 8% after earnings before settling now at around 5%. Short this counter on resistance level as $540 is around the double top level. We’ll observe how this trade turned out.
I opened $DPZ VERTICAL 240517 CALL 540.0/CALL 545.0$ ,DPZ: sold bear call spread on Domino’s Pizza after its earnings. Strike was selected at $540/$545 right at the top of its intraday. Premium collection is $125 over max $500 of risk so it’ll be about 25% when expires. The stock rose 8% after earnings before settling now at around 5%. Short this counter on resistance level as $540 is around the double top level. We’ll observe how this trade turned out.

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