by Jay | Jan 30, 2020 | Closed Trades, Earnings Plays, Strangles

1/30/2020 CAT Earnings Strangle Credit Received: $164 Expiration: Jan 31 Probability of Profit: 82% Stock Price: $134.78 IV Rank at Open: 60 Implied Volatility: 30% Strikes: 140 Call 128 Put Probability of 50%: N/A Buying Power Reduction: 2300 Closed Close Date:...
by Jay | Jan 30, 2020 | Closed Trades, Earnings Plays, Strangles

1/30/2020 EA Earnings Strangle Credit Received: $156 Expiration: Jan 31 Probability of Profit: 85% Stock Price: $110.51 IV Rank at Open: 32.4 Implied Volatility: 32% Strikes: 117 Call 104 Put Probability of 50%: N/A Buying Power Reduction: 1700 Closed Close Date:...
by Jay | Jan 29, 2020 | Closed Trades, Earnings Plays, Strangles

1/29/2020 UPS Earnings Strangle Credit Received: $107 Expiration: Jan 31 Probability of Profit: 77% Stock Price: $115.76 IV Rank at Open: 73.2 Implied Volatility: 29.6% Strikes: 123 Call 108 Put Probability of 50%: N/A Buying Power Reduction: 1700 Closed Close Date:...
by Jay | Jan 29, 2020 | Closed Trades, Earnings Plays, Strangles

1/29/2020 WYNN Earnings Strangle Credit Received: $101 Expiration: Jan 31 Probability of Profit: 80% Stock Price: $123.85 IV Rank at Open: 64.5 Implied Volatility: 50% Strikes: 132 Call 117 Put Probability of 50%: N/A Buying Power Reduction: 1900 Closed Close Date:...
by Jay | Jan 29, 2020 | Closed Trades, Earnings Plays, Strangles

1/29/2020 FB Earnings Strangle Credit Received: $122 Expiration: Jan 31 Probability of Profit: 83% Stock Price: $223.23 IV Rank at Open: 46.5 Implied Volatility: 21.07% Strikes: 240 Call 205 Put Probability of 50%: N/A Buying Power Reduction: 3000 Closed Close Date:...
by Jay | Jan 29, 2020 | Closed Trades, Earnings Plays, Strangles

1/29/2020 PYPL Earnings Strangle Credit Received: $100 Expiration: Jan 31 Probability of Profit: 81% Stock Price: $116.82 IV Rank at Open: 77.6 Implied Volatility: 32.2% Strikes: 126 Call 108 Put Probability of 50%: N/A Buying Power Reduction: 1550 Closed Close Date:...