by Jay | Feb 21, 2020 | Adjusted Trades, Open Trades, Strangles

2/21/2020 UAL Strangle Credit Received: $118 Expiration: 3/20 Probability of Profit: 79% Stock Price: $78.10 IV Rank at Open: 100 Implied Volatility: 36.3% Strikes: 87.5 Call 70 Put Probability of 50%: 88 Buying Power Reduction: 900 Adjusted Adjustment Date: 2/26/2020...
by Jay | Feb 14, 2020 | Closed Trades, Earnings Plays, Strangles

2/14/2020 WMT Earnings Strangle Credit Received: $100 Expiration: 2/21 Probability of Profit: 73% Stock Price: $118 IV Rank at Open: 61 Implied Volatility: 24.08% Strikes: 124 Call 112 Put Probability of 50%: 71 Buying Power Reduction: 1900 Closed Close Date:...
by Jay | Feb 14, 2020 | Adjusted Trades, Open Trades, Strangles

2/14/2020 WYNN Strangle Credit Received: $148 Expiration: 3/20 Probability of Profit: 85% Stock Price: $132 IV Rank at Open: 48.2 Implied Volatility: 44.9% Strikes: 155 Call 105 Put Probability of 50%: 92 Buying Power Reduction: 1493 Rolled Rolled Date: 3/3/2020...
by Jay | Feb 14, 2020 | Adjusted Trades, Open Trades, Strangles

2/14/2020 LVS Strangle Credit Received: $106 Expiration: 3/20 Probability of Profit: 76% Stock Price: $68.09 IV Rank at Open: 62.8 Implied Volatility: 37.7% Strikes: 77.5 Call 60 Put Probability of 50%: 89 Buying Power Reduction: 700 Adjusted Adjustment Date:...
by Jay | Feb 13, 2020 | Closed Trades, Earnings Plays, Naked Options

2/13/2020 ROKU Earnings Naked Call Credit Received: $163 Expiration: 2/14 Probability of Profit: 95% Stock Price: $140.30 IV Rank at Open: 72 Implied Volatility: 81.4% Strikes: 170 Call Probability of 50%: N/A Buying Power Reduction: 2800 Closed Close Date: 2/15/2020...
by Jay | Feb 13, 2020 | Closed Trades, Earnings Plays, Naked Options

2/13/2020 NVDA Earnings Naked Call Credit Received: $104 Expiration: 2/14 Probability of Profit: 98% Stock Price: $272 IV Rank at Open: 50 Implied Volatility: 44.5% Strikes: 305 Call Probability of 50%: N/A Buying Power Reduction: 2800 Closed Close Date: 2/14/2020...
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 13, 2020 | Adjusted Trades, Open Trades, Strangles

2/13/2020 DAL Strangle Credit Received: $93 Expiration: 3/20 Probability of Profit: 72% Stock Price: $58.69 IV Rank at Open: 64.7 Implied Volatility: 27.7% Strikes: 62.5 Call 52.5 Put Probability of 50%: 85 Buying Power Reduction: 775 Adjusted Adjustment Date:...
by Jay | Feb 12, 2020 | Adjusted Trades, Open Trades, Strangles

2/12/2020 AMD Strangle Credit Received: $101 Expiration: 3/21 Probability of Profit: 79% Stock Price: $53.95 IV Rank at Open: 43.4 Implied Volatility: 50% Strikes: 65 Call 45 Put Probability of 50%: 89 Buying Power Reduction: 650 Position Add Position Add 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:...