Option Strategies: .SPX, NVDA& SNOW

Hello everyone! Today I want to share some option strategies with you!

1.

Who's optionselling pre-earnings trades on $Snowflake(SNOW)$ ???

Sold the May 24 exp 210 calls and currently have 150 puts in play (a bit more aggressive than we would like, but is what it is).

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2.

Okay ... here's our $NVIDIA Corp(NVDA)$ trade for today. Playing a modified Iron Condor.

Expected move is ~8%. Lower bound at 869 and upper bound at 1014 (as of time of this screenshot).

BTO:

▫️ May 24 exp 1010/1020 call debit spread

▫️ May 24 exp 870/865 put debit spread STO:

▫️ June 7 exp 665 put (targeting strike at 200EMA level)

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3.

Was waiting for the market's reaction from the Fed officials before taking an optionselling trade. Should have bought a strangle to play the news though.

Oh well. Took this trade on the first drop and basing of $S&P 500(.SPX)$ . May 22 exp 5330/5335 call credit spread. Will close out at 0.05 or let it expire worthless today (don't see it reclaiming HOD).

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# Options Hub

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  • I like your approach to optionselling on SNOW, aggressive but calculated.
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  • Thanks for sharing!
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