AAPL earnings - I bought two 215 weekly calls at $2.49

Discussion in 'Options' started by OptionsOptionsOptions, Jul 29, 2019.

  1. dozu888

    dozu888

    it's useful if you paid attention :)

    usually the 'earning run' is 2-3 weeks into the release.
     
    #11     Jul 30, 2019
    ironchef likes this.
  2. ironchef

    ironchef

    Free historical data from OptionsXpress/Schwab.
     
    #12     Jul 30, 2019
    Arnie likes this.
  3. ironchef

    ironchef

    I traded AAPL options and daily option volume is one of the parameters I tracked.
    :thumbsup::thumbsup:.
     
    #13     Jul 30, 2019
  4. ironchef

    ironchef

    That is very interesting. Why?

    Many of us retails on the other hand trade directional.
     
    #14     Jul 30, 2019
  5. Robert Morse

    Robert Morse Sponsor

    Because that is how MM make money. Offering liquidity with two-sided markets, selling what we deem high in value and buying what we deem low in value and hedge.
     
    #15     Jul 30, 2019
    ironchef and dozu888 like this.
  6. UPDATE

    • AAPL at $208.00
    • I expect a 8%+ climb after earnings.
    • $208 + 8% = 224
    • $224 - $215 (call strike) = $9

    I will hold till after earnings.

    :)
     
    #16     Jul 30, 2019
  7. Robert Morse

    Robert Morse Sponsor

    What gives you that expectation?

    upload_2019-7-30_11-16-2.png
     
    #17     Jul 30, 2019
  8. ironchef

    ironchef

    #18     Jul 30, 2019
    OptionsOptionsOptions likes this.
  9. S2007S

    S2007S


    Thanks. For some reason finding historical option prices isn't easy.
     
    #19     Jul 30, 2019

    • You only notice any pre-earnings trading pattern after the fact.
    • Hindsight is always 20/20 - but it's no good for trading.
    :)
     
    #20     Jul 30, 2019