Pre-earnings vol plays

Discussion in 'Options' started by AllergicToMoney, May 27, 2025 at 5:59 PM.

  1. Long time reader, first time poster.
    First of all, I would like to thank all the knowledgeable contributors, who make this forum great (neww, sle, MrMuppet, tao, Mav, Kevin Schmit, Magic, TBS, etc. Sorry if I missed any guru in the list)
    Special thanks to B., I have read most of his posts (I am aware of 10 handles) and I hope that I absorbed at least 1% of his wisdom :)

    I will post here pre-earnings vol switch trades (live IBKR PM account)

    Trade 1 - ADBE, 85.37 debit

    edit: please move to Journals
     
    • t1.png
      t1.png
      File size:
      91.1 KB
      Views:
      29
    Last edited: May 27, 2025 at 6:20 PM
    demoncore likes this.
  2. spy

    spy

    Hi Becky, does that include this one?

    U...5...5

     
    Last edited: May 28, 2025 at 1:02 PM
  3. Agree that ADBE is a great candidate (no position yet).

    What exactly is your position, if you don't mind answering?
     
  4. spy

    spy

    You didn't guess my word yet? Its: Uropsilus



    Edit: fwiw I think adobe could move too, I'm not banking on it though.
     
    Last edited: May 28, 2025 at 2:53 PM
  5. Nothing unusual, short pre-event vol, long post-event vol :)
    BTW, thanks for your posts, I should have included you in the guru list as well :)
     
    IV_Trader likes this.
  6. demoncore

    demoncore

    @Baron, OP would like this moved to Journals.
     
  7. demoncore

    demoncore


    I assume that you're long some sort of term-structure so be careful on the post report reset.
     
    AllergicToMoney likes this.
  8. contra

    contra

    Good luck. And reading all those posts is quite a feat!
     
    AllergicToMoney and demoncore like this.
  9. demoncore

    demoncore

    Reported...
     
    contra likes this.
  10. Sure, I will exit before, not planning to hold through the report. I would have structured differently if that was the case.
    That reminds me, I think you mentioned once in the skew lock thread that you held a position through CPI. It confused me, because my understanding is that a skew lock is a long vol structure and the intention is to always exit before the event. But it seemed that you gained on both (pre-event and post-event). I can't wrap my head around it :) Or did I misinterpret?
     
    Last edited: May 29, 2025 at 1:46 PM