Option Strategies: DOCU, IOT, AMZN, GME& AMC
Hello everyone! Today i want to share some option strategies with you!
1.
Geez ... got suckered in ... okay, this is it and then gonna step away from the desk.
STO $Amazon.com(AMZN)$ Jun 14 exp 177.5p (don't mind assignment at that strike ... will wheel it if assigned)
2.
Its funny how the rest of the stock market stops moving when $GameStop(GME)$ and $AMC Entertainment(AMC)$ are pumping.
Apparently everyone is a degen trader at heart! 🤣
3.
$Samsara, Inc.(IOT)$ releases earnings after the bell today. Expected move and IV is high. Hoping that it moves big if it can replicate (and surpass) past earnings moves.
BTO Iron Condor - June 14 exp, 30/25 put debit spread & 40/45 call debit spread.
4.
Plan tomorrow on this trade is to let the 65c expire worthless. In terms of the 45p, will be watching to see if $Docusign(DOCU)$ breaks the 50 level.
Considering that past post-earnings moves haven't been anywhere close to +/- 20%, its highly unlikely that the 45p gets breached, but anything is possible.
If all looks good on the 45p into the close, then will let that expire worthless.
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