BMY 17-May-19 IV30:41.7, IVR:99 (Elevated), IV30 MA20: 35.4 Bear Call Spread +0.19D Long 1 Call: 57.5 Strike @ $0.80 -0.28D Short 1 Call: 55 Strike @ $1.29 -0.09D Credit: $0.49
LULU 18-Apr-19 IV30: 52.2, IVR: 92% (Elevated) Bear Call Spread / Call Credit Spread +0.24D Long 1 Call: 160 Strike @ $2.81 -0.32D Short 1 Call: 155 Strike @ $4.13 -0.08D Credit: $1.32 PCR: 53:47
BA 17-May-19 IV30: 31.4, IVR: 74% (elevated) Bear Call Spread/Call Credit Spread +0.29D Long 1 Call: 430 Strike @ $7.95 -0.33D Short 1 Call: 425 Strike @ $9.55 -0.04D Credit: $1.60 PCR: 50:50
BSX 18-Apr-19 IV30: 30.6, IVR: 76% (Elevated) Bear Call Spread / Call Credit Spread +0.26D Long 1 Call: 42 Strike @ $0.50 -0.36D Short 1 Call: 41 Strike @ $0.77 -0.10D Credit: $0.27 Highest OI at 45 Strike
COUP 18-Apr-19 IV30: 84.2, IVR: 100% Call Credit Spread +0.14D Long 1 Call: 115 Strike @ $1.15 -0.19D Short 1 Call: 110 Strike @ $1.75 -0.05D Credit: $0.60 PCR=84:16
SOLID premium. Looking to hop into a bull put spread AT SOME POINT, IF MMM pulls back and gives us a buying opportunity.
ROST 15-Mar-19 IV:45.2, IVR: 100% (Elevated) +0.20D Long 1 Call: 100 Strike @ $0.83 -0.32D Short 1 Call: 97.5 Strike @ $1.53 -0.06D Long 1 Put: 80 Strike @ $0.28 +0.10D Short 1 Put: 82.5 Strike @ $0.45 -0.08D Credit: $0.88 PCR: 45:55 Highest Call OI @ 100, 97.5 and 95 indicating high volume of naked calls or bear call spreads.
MLNX 18-Apr-19 IV30: 52.1, IVR: 95% +0.11D Long 1 Call: 130 Strike @ $0.78 -0.20D Short 1 Call: 125 Strike @ $1.60 -0.09D Credit: $0.83 Highest OI for 125
First March spread. :-) 385/390 for.60 limit
Warning: This is over earnings. I expect this spread to go ITM at some point. I'll do my best to hold through it, if it occurs. NFLX has had 4 strong weeks up in a row (they are raising prices?) and there's a retest gap not too far back there on the weekly. This is above the previous all time high. .65 limit. WE WILL see if it fills. might not...
Aggressive trade. Pays decent. SORRY. Numbers are WRONG on the screen. 15/16 bear call And I think we could unravel nicely IF it does breakout. I'm not sure if I'll be able to exit early for any profit, but if I can, I'll try
GM Price Trending Down 9 Days in a Row. Since this spiral started on 28-Aug-2018, the stock has dropped -10.1% in total. This is the longest downward trend in the last year for GM. I look at Bear Put and Call spreads to take advantage of this trend. See full analysis in my video. www.youtube.com
It's at a resistance of which it's been before. I did one SIMILAR on AMZN and it never triggered. Note it's attached below..
STO the 125 August 17th, 2018 call. BTO the 126 Shooting for a credit of .13 Also at the 50 ema on a weekly.
I'm sensing a TAD bit of weakness up here on AMZN right now... I can / could always BTC this one if needed.
Let's see if this evening star reversal plays out... I WILL buy to close this spread if given the opportunity for a nice gain. AND OR leg into a bull put spread, to complete a condor. My girl Mila thinking this is a channel.
XOP seem to be running into consistent resistance at the 38$ level... Last attempt up stalled around the $36 area. This trade idea is for June monthlies Option Trade. Sell the 38$ Call, and if you want buy the 41$ call to make it a $300 risk play. The premium you will get should be around $30 per contract... a decent 10% ROI.. for less than two months.
I've been looking at one in this area for a while. Long term trend is bullish, intermediate trend is neutral. Hoping the retest gap from Fri - Monday fills, I MIGHT leg into a condor on this bad boy