CRM announces earnings on Wednesday after market close, so look to put on a setup before NY close if you're going to play .... .

Here's the setup I'm going with (or something very near it, depending on prices move throughout the trading day):

Nov 27th 69/86 short strangle
POP%: 76%
Max Profit: $132/contract
Buying Power Effect: ~$775
BE's: 67.68/87.32

I'll look to take this off at 50% max profit after the announcement, assuming I get filled for 1.32. Check in later for my comments on how I dealt with the setup post-earnings. Setting up the trade in advance of earnings is the easy part; managing it after is where the work comes in, particularly if everything does not go as planned.
Covered today at 50% max.
Settled for a 1.09 fill.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out