The last play I found for next week is ULTA             (IVR/IV 71/48). It announces earnings on Thursday after market close.

The unfortunate thing is that weeklies aren't available, but the Dec expiry is near enough in time to not be too much of a problem.

Here's the setup, which may need to be tweaked between Monday's open and the announcement:

Dec 18 150/190 short strangle
POP%: ~70%
Max Profit: $275/contract (after hours)
BPE: ~$2762
BE's: 147.25/192.75

Due to the price of the underlying, it may be worthwhile to consider an iron condor, but the setup cuts majorly into your max profit, although it does define your maximum risk and therefore requires less buying power to put on:

Dec 18 140/150/190/200 iron condor
POP%: ~70%
Max Profit: $170/contract
BPE: ~$830/contract
BE's: 148.30/191.70
Post-earnings, price is knocking at the door of my short call, while the short put is nearing worthless (.08). I'll look to take the put side off at .05 early next week. To avoid the possibility of another unexpected assignment prior to expiration (as occurred with my HD short strangle), I'm going to look at buying a little protection via a long call 2-3 strikes above my current 185 short call (now that I look at it, I actually put on a 145/185 short strangle; oh, were I to have put on the 150/190). Naturally, if Monday brings price substantially off that 185, I'll leave it alone, but keep a close eye on it.
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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