Option Strategies: SQ, TTD& GRAB
Hello everyone! Today i want to share some option strategies with you!
1.
$Trade Desk Inc.(TTD)$ releases earnings after the closing bell today. Expected move is ~9%. IV is very high too.
Volume point-of-control just under 100. Solid volume support at that same level/area.
Gonna sell the Nov 15 exp $100 strike put for an trade. Assignment is acceptable to us. Might also buy some lotto calls.
2.
$Block(SQ)$ releases earnings after the closing bell today. Expected move is ~11%. IV is very high too.
Volume point-of-control around 65. Solid volume support at 60. Trend bottom at 55.
Gonna sell a conservative Nov 15 exp $60 strike put. Could go up to 65 for more premium capture, but we are gonna keep it conservative on purpose for this trade. Assignment is acceptable to us.
3.
Followed some folks from the discord group on this trade.
Bought shares of $Grab Holdings(GRAB)$ Earnings coming up next week. Will play through earnings and probs hold this position longer-term.
Premiums aren't that great for writing options on the put or call side, but if it gets a nice bump then will write covered calls, and it if gets a sad bump then might write puts to DCA in for more shares.
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