Option Strategies: MDB, CRWD, COIN, BTC, CRM& DLTR
Hello everyone! Today i want to share some option strategies with you!
1.
Sold-to-open $Coinbase Global, Inc.(COIN)$ June 7 exp 222.50 strike put.
$CME Bitcoin - main 2406(BTCmain)$ broke back above 70K and looks like its reversing back to the start of an uptrend on the daily chart. No guarantees, but it looks that way.
Wanted to take the optionselling trade earlier today, but analysis paralysis kept us from pulling the trigger. 🤦🏻♂️
2.
Expected move on $CrowdStrike Holdings, Inc.(CRWD)$ is ~11%.
Past earnings moves to the upside have averaged around 10%.
Highly doubt that CRWD pumps 30% even on good earnings results and guidance today.
Targeting the 400 strike to sell calls on.
3.
Got PTSD from post-earnings reactions to $MongoDB Inc.(MDB)$ and $Salesforce.com(CRM)$ ... so, gonna buy a put debit spread to play $CrowdStrike Holdings, Inc.(CRWD)$ for earnings today to see if we get a similar big down move. Might also sell a call credit spread.
- BTO June 7 exp 240/230 put debit spread
4.
Will be watching $Hewlett Packard Enterprise(HPE)$ and $Dollar Tree(DLTR)$ tomorrow for potential optionselling post-earnings trades. Call premiums will be rich on HPE if this AH move holds into PM and at open.
Will close out $CrowdStrike Holdings, Inc.(CRWD)$ 400/410 call credit spread and possibly roll out of the 240/230 put debit spread and sell puts in the 270-300 range if there is premium meat still left on the bone.
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