Earnings trades

Discussion in 'Options' started by IV_Trader, Jan 10, 2006.

  1. yeah i've been on holiday for the past week , just got back to work - i always miss the boat !
     
    #71     Mar 8, 2006
  2. CWTR is up 20% after report , the straddle price is tripled now
     
    #72     Mar 9, 2006
  3. oh thanks makes me feel much better now ! haha
    did you find that trade also or was it my tip off ;-)
    I best start looking for next months trades now !
     
    #73     Mar 9, 2006
  4. sorry about it , Neil...No , this stock is in my universe ,this is not a first time I made money on CWTR
     
    #74     Mar 9, 2006
  5. its this time of the year again... I lot of heavy hitters reporting next week , I have 17 ( lol ) long combo's positions so far. Closed SYNA with big profit on vols spike today. I will probably post a few RC candidates next week.
     
    #75     Apr 11, 2006
  6. doh - i need to find time to do some research then !
    takes sooooo long to trawel !
     
    #76     Apr 12, 2006
  7. IFIN ---> RC possible candidate , maybe even long APR combo into potential after report move.
    Today , ac
     
    #77     Apr 12, 2006
  8. Hybone

    Hybone

    IV, interested in knowing why you think this is a reverse calendar candidate when front month IV is a lot higher than back?

     
    #78     Apr 12, 2006
  9. I don't think you can go by simple " lot higher" here.
    APR vols was at 65 with vega of 3.3 and MAY at 45 with 6.4 , so if tomorrow vols will collapse to low 30 , then APR will lose 1.05 BUT MAY will also lose 90-95 cents. Not exactly vega neutral , but not so bad r/r to take an almost "free" shot in after report price move (if at all) , this stock moved 20%+ many times , including last qtr.
    Anyway , I closed my long combos with big profit from IV spike and left only few overnight , so no RC for me here.

    In both cases the bet is definitely on the big ABS move.
     
    #79     Apr 12, 2006