SIG Strangle with Earnings on 9.5.19

Signet Jewelers LimitedNYSE

Description

⋅ Sep 3, 2019 5:46 PM

@ Open placed following

SIG SEP 6 2019 12 Call @ .72 X5
SIG SEP 6 2019 10.5 PUT @ .70 X5

Market is obviously not thinking that results will be too solid as down almost 10% today.

Trade closed: target reached

⋅ Sep 5, 2019 1:15 PM

Closed with solid ROI

Beyond Technical Analysis

Comments

grubby1220

⋅ Sep 5, 2019 1:15 PM

Closed Put yesterday and will close call @ open today. If had ranked would have broken even, instead solid ROI