Yes I'd also like to see a few plays out 15 are already reporting btw now and tomorrow Still bought 1 CRL 175$ Call @ 0.6. I don't expect much from it. 60$ dollars at risk.
Not sure what you mean. I am looking for stocks trading more than 100 millions dollars daily volume. There's about a thousand stocks at the end of the day. I find it better than market cap alone.
I had a WAY 47.5$ call that I paid 1.5 and it's now worth 0.3 Bought it because 0.12 12M Rel Strength is top percentile. I think I am going to hold it until expiry (friday) The volatility crush is tough. Was 2.5 on Friday close. Also got filled on FUBO FEB 28 5$ call @ 0.1
I’m watching FOUR. May move but there is no option liquidity. Watching the nearest 140 calls , don’t have series in front
Can you explain why FOUR ? I've added it to the spreadsheet. The pros - High beta, - High EPS rating, - High IV relative to HV, - 3/4 earnings were positive, - Bullish P/C OI The cons - IV about equal to median earnings moves Industry wise (more or less) GDDY went down CFLT, CYBR, PGY went up Looks good to me but IV too high compared to median moves for my taste
https://www.abebooks.co.uk/9780471733874/Volatility-Arbitrage-Secrets-Skewness-Wiley-0471733873/plp This book goes around that, there are a couple of more books on that topic on that page as well.
Just that it hit the criteria you pointed out, it's growthy, it had a high PE so anything's possible, action on the chart looked good, vol was dropping and the 140's looked priced ok from a vol perspective, but that's all out the window now, the 140's 4DTE are trading 2x HV so i'm not touching it... I will say that the lack of liquidity going into earnings on the 1 sigma's seems to have resolved itself a bit the day of earnings. something worth noting...maybe the play here is front run Earnings -1 day ahead using the 1sigma if an option is super short dated and sell into the rumor so to speak...these calls are up 60% today