by Jay | Feb 13, 2020 | Closed Trades, Earnings Plays, Strangles

2/13/2020 YELP Earnings Strangle Credit Received: $110 Expiration: 2/14 Probability of Profit: 81% Stock Price: $35.88 IV Rank at Open: 80 Implied Volatility: 61.3% Strikes: 40 Call 31 Put Probability of 50%: N/A Buying Power Reduction: 500 Closed Close Date:...
by Jay | Feb 12, 2020 | Closed Trades, Earnings Plays, Strangles

2/12/2020 BABA Earnings Strangle Credit Received: $120 Expiration: 2/14 Probability of Profit: 84% Stock Price: $224.09 IV Rank at Open: 43.1 Implied Volatility: 36% Strikes: 245 Call 207.5 Put Probability of 50%: N/A Buying Power Reduction: 3000 Closed Close Date:...
by Jay | Feb 11, 2020 | Closed Trades, Earnings Plays, Strangles

2/11/2020 LYFT Earnings Strangle Credit Received: $97 Expiration: 2/14 Probability of Profit: 77% Stock Price: $53.77 IV Rank at Open: 41.1 Implied Volatility: 57.2% Strikes: 60 Call 47 Put Probability of 50%: N/A Buying Power Reduction: 650 Closed Close Date:...
by Jay | Feb 6, 2020 | Closed Trades, Earnings Plays, Strangles

2/6/2020 WYNN Earnings Strangle Credit Received: $127 Expiration: 2/8 Probability of Profit: 77% Stock Price: $133.92 IV Rank at Open: 54.7 Implied Volatility: 50% Strikes: 143 Call 124 Put Probability of 50%: N/A Buying Power Reduction: 2000 Closed Close Date:...
by Jay | Feb 5, 2020 | Closed Trades, Earnings Plays, Strangles

2/5/2020 TWTR Earnings Strangle Credit Received: $84 Expiration: 2/7 Probability of Profit: 80% Stock Price: $33.40 IV Rank at Open: 74.4 Implied Volatility: 52.2% Strikes: 37 Call 29.5 Put Probability of 50%: N/A Buying Power Reduction: 419 Closed Close Date:...
by Jay | Feb 5, 2020 | Closed Trades, Earnings Plays, Strangles

2/5/2020 YUM Earnings Strangle Credit Received: $113 Expiration: 2/7 Probability of Profit: 86% Stock Price: $106.70 IV Rank at Open: 39.6 Implied Volatility: 27.4% Strikes: 112 Call 100 Put Probability of 50%: N/A Buying Power Reduction: 1700 Closed Close Date:...