Options360

Options360

VERU is an oncology bio pharmaceutical company with a focus on developing novel medicines for the management of prostate and breast cancer. It announced the presentation of pre-clinical data demonstrating the efficacy of oral VERU-111 in the treatment of human derived animal models of triple negative breast cancer. VERU reported on 12/9/20 Q4 earnings loss of...

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As a hedge setup for over the weekend into next week, I picked up a volatility play. VIXY 12/18 in the money strangle: buy 12/18 $15 put Delta: .52 Theta: .06 Delta:Theta ratio = 8.7 buy 12/18 $14 call Delta: .71 Theta: .04 Delta:Theta ratio = 17.75 Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being...

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Want to make theta your best friend? Here's a few examples of the 12/18 expiry on how to sell an Iron Condor contract for AAPL: Probability 83%= sell $122 call sell $122 put buy $127 call buy $117 put risk : reward= $202 : $298 1 : 1.5 Probability 78%= sell $122 call sell $122 put buy $126 call buy $118 put risk : reward= $133 : $267 1 : 2 Probability 71%= sell...

Options360

Blackrock: this is just a fantastical example on how to setup a base options trade for a big move. I am not actively trading BLK currently, too rich for my blood, lol. But for informational purposes, I wanted to explain a certain options strategy angle. I call it the big squeeze & eliminate theta strategy. haha 1/15/21 expiry: because printed BLK earnings dates...

Options360

ARKQ iron butterfly calendar spread idea: buy $70 call 1/15/21 buy $70 put 1/15/21 sell $75 call 12/18 sell $65 put 12/18 max risk through 12/18 = $135 / 4-option order contract max risk after 12/18 till 1/15/21 = $635 / straddle contract max reward after 12/18 till 1/15/21 = unlimited / range +$900 - $635 = $260 (As you can see from this analysis it's not worth...

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This could wind up being an epic entry. USD/EUR decade old trend line support under pivot lows. The European Union’s landmark 1.8 trillion-euro ($2.2 trillion dollar) budget and stimulus package has been approved. The funds will help the region overcome economic damage from the coronavirus. On Thursday the European Central Bank extended its huge emergency...

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AI C3Ai Inc high: $109.22 low: $90.62 close: $92.49 DASH DoorDash Inc high: $187.49 low: $173.39 close: $187.20 ABNB Airbnb Seeks $47 billion valuation shares start at $68 I'm personally waiting a week or more, before trading AI, DASH & ABNB. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being...

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Rotation anyone? In the beginning of November, a broader rotation to URTY, smaller Russell 2000 Index companies, gained almost 100% in 2 months, while the SPY & QQQ eked out a few +% gain. What's the next rotation? We've done the Coronavirus, FAANG, stay at home, technology, gold, bitcoin, real estate, automotive, vaccine, open up, election, stimulus, EV,...

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EGHT $25-30 strangle 12/18 contracts at equilibrium $27.50. 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 for a month it = $5,368,709. Good luck and happy trading friends... *3x lucky 7s of...

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MicroStrategy said on Monday that it plans to offer $400 million of convertible bonds in order to buy more Bitcoin. They already own $50 million of Bitcoin on their balance sheet. It's core business is the provision of enterprise analytics and mobility software. But since the CEO, Michael Saylor, said they are holding 75% of their balance sheet in Bitcoin, this...

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LULU designs and retails athletic clothing for women, men, and female youth. Its apparel assortment, including items, such as fitness pants, shorts, tops and jackets, is designed for activities such as yoga, running and general fitness. The Company's fitness-related accessories include an array of items, such as bags, socks, underwear, yoga mats, instructional...

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Curis skyrockets 448% after encouraging phase 1 data for leukemia treatment! BE CAREFUL here, this is a speculative play. I got a couple batches of shares. 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...

Options360

COST Q1 Nov 20' earnings is on 12/10 at 4:15pm. Last earnings, Costco Wholesale reported Quarter August 2020 earnings of $3.13 per share on revenue of $53.4 billion. The consensus earnings estimate was $2.85 per share on revenue of $52.6 billion. Structurally, it looks like a just about perfect entry for a long entry. A $375call12/18 is going for around $6.50...

Options360

FedEx earnings is on 12/17 at 4pm. Price action range is $290 low - $310 mid- $330 high. I’m expecting an earnings surprise, leaning to the high estimate closer to $320-330. A 12/24 $300-320 call debit spread closed at $6.68 ($668) today. That’s a 1:3 risk to reward ratio. Earnings Whisper $4.74 Consensus: $3.82 Revenue: $19.24 Billion *3x lucky 7s of trading*...

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Just a good ole 6 month trend channel for Tesla. I sold shares at $494.12 & $519.93, womp womp, so I'm all out share wise for now. But I am starting to scope out an entry for an options play. No decisive plan as of yet. But it sure looks like 450 is major support and 620 is serious resistance now. Those would be like 99% probability options trades going forward....

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SPCE is up +10% today, breaking out of it's 3 month trend channel. I entered a SPCE$30-31strangle12/11 at 11am when it was at equilibrium $30.50. I have traded SPCE a lot and a word of caution here, it is a very volatile stock. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of...

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Barrick Gold (GOLD) reported 3rd Quarter September 2020 earnings of $.41 per share on revenue of $3.5 billion. P/E: 13.8, Div/Yield: 1.32, Market cap: $42B. Barrick Gold engages in the production and sale of gold and copper, as well as related activities such as exploration and mine development. It operates through the following segments: Barrick Nevada, Veladero,...

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CVS fundamentals are impeccable: P/B 1.48, P/E 12, Div/Yield 2.68%, Q3 revenue $67B, 2020 earnings guidance $7.35-7.45 per share. CVS is the largest pharmacy in the US. 70% percent of the US population lives within three minutes of a CVS store. CVS fair value is $92 updated on November 20 by Morningstar. I entered CVS$73-75strangle12/11 contracts at 3:30pm on 12/4...