Potential Earnings Plays 2017/05/03

Description

⋅ May 3, 2017 2:42 PM

TSLA (Reports 5/3/2017 AC) IVR = 40.2, Expected move = 4.88%
FB (Reports 5/3/2017 AC) IVR = 58.6, Expected move = 3.59%
SQ (Reports 5/3/2017 AC) IVR = 59.2, Expected move = 9.69%
FIT (Reports 5/3/2017 AC) IVR = 70.2, Expected move = 11.30%

Comment

⋅ May 3, 2017 3:01 PM

Bought 3 FIT May 05 6/7 Call Vertical for .18 each
Sold 1 FB May 05 147/142 Put Vertical for .87

Comment

⋅ May 3, 2017 3:04 PM

Please note that the expected move drawn on the TSLA chart is not correct
The options implied move is 6.27% for an expected low of 295.16 and high of 334.66

Comment

⋅ May 3, 2017 3:09 PM

Bought 1 FB May 19 157.5/165 Call Vertical for 1.18

Comment

⋅ May 3, 2017 3:11 PM

Sold 1 TSLA May 19 295/275 Put Vertical for 3.05
(I meant to do the weekly - but I will keep this)

Comment

⋅ May 3, 2017 3:43 PM

Bought 2 FB May 05 157.5/162.5 Call Vertical for .75 each

Comment

⋅ May 3, 2017 3:53 PM

Bought 2 SQ May 19 20/22 Call Vertical for .33 each