Update 7/31 SOLD -1 VERTICAL /ESU8 1/50 JUL 18 (EOM) /EWN8 2805/2800 PUT @1.50 SOLD -1 VERTICAL /ESU8 1/50 JUL 18 (EOM) /EWN8 2820/2825 CALL @1.50 BOT +1 VERTICAL /ESU8 1/50 AUG 18 (Wednesday) (Wk1) /E1CQ8 2820/2815 PUT @2.10 BOT +1 VERTICAL /ESU8 1/50 AUG 18 (Wednesday) (Wk1) /E1CQ8 2805/2800 PUT @.75 BOT +1 VERTICAL /ESU8 1/50 AUG 18 (Wednesday) (Wk1) /E1CQ8 2820/2815 PUT @1.90 SOLD -1 VERTICAL /ESU8 1/50 AUG 18 (Wednesday) (Wk1) /E1CQ8 2830/2835 CALL @1.60 SOLD -1 /ESU8 1/50 AUG 18 (Wednesday) (Wk1) /E1CQ8 2790 PUT @.65 Straddle marked at 27 Hedging gains realized since trade: 474 P/L: -201 Current Greeks according to TOS:
Candidate for tomorrow: PZZA Papa John's @ $41.96 Earnings 8/7 August 10th Weekly Puts @ 75% vols August 24th Weekly Puts @ 60% vols Looking at following trade at the open: Price is about mid so will see tomorrow at the opening what I can get filled...
Strayer (STRA) huge vol skews but earnings announced tomorrow before market so too late to play it but AUG/SEP vols are 56%/37%....juicy...
Another order placed limit for tomorrow: CRC skews are 105%/83%... stock tends to oscillate wildly after earnings which are 8/2 AFTER close. Will update if I get filled. Doing smaller size because not liking the width of the spread or cost too much.
Filled but had to move limit higher: + BOT 20 PZZA - Aug10 + Aug24 41 Put Calendar 0.598 SMART 09:41:35 Vols still showing 76%/60%