Six Flags earnings on 2/24 at 6am Long

Six Flags Entertainment Corporation NewNYSE

Description

⋅ Jan 28, 2021 5:39 PM

Six Flags earnings is on 2/24 at 6am. In anticipation of the spring coming and covid vaccine working, my range is: low $35, mid $40, high $45 by earnings.

4th Quarter December 2020
Consensus =
EPS: ($1.02)
Revenue: $97.36 Million

Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
tradingview.com/u/growerik/

Trade active

⋅ Jan 28, 2021 5:41 PM

3/19 expiry
$35 straddle

Comments

VA_2020

⋅ Jan 28, 2021 6:40 PM

Bro, what is a straddle means? Is it like you are buying both call and puts at 35 for same date?

Options360

⋅ Jan 28, 2021 6:43 PM

@VA_2020, yes sir it's a same strike call & put. Can be filled separately, usually executed together.