adambouska

adambouska

Russell 2000 index recently dropped below post-covid crash rally support line and 180-day moving average at the same time.

adambouska

expiration: SEP 17 2021 (58 DTE) order: -1 * 50 put (delta -0.17) -1 * 70 call (delta 0.16) for 1.87 net credit @ 58.74 BPR $589 IVR 39.4 PoP 73% P50 90% expected move 51.00-66.00 net delta 0.69 target: 52% max profit note: earnings on 8/20

adambouska

expiration: AUG 27 (50 DTE) order: 1 * 390 put (delta -0.13) -1 * 395 put (delta -0.15) -1 * 450 call (delta 0.15) 1 * 455 put (delta 0.09) for 1.05 net credit @ 430.50 BPR $395 IVR 15.9 PoP 72% P50 88% expected move 411.00-449.00 net delta -3.90 target: 55% max profit

adambouska

expiration: AUG 20 (49 DTE) order: -1 * 25 put (delta -0.19) -1 * 35 call (delta 0.21) for 1.29 net credit @ 29.34 BPR $300 IVR 25.7 PoP 70% P50 81% expected move 25.00-34.00 net delta -2.09 target: 53% max profit note: earnings report on August 3

adambouska

expiration: AUG 20 (49 DTE) order: -1 * 18 put (delta -0.50) -1 * 18 call (delta 0.50) for 2.01 net credit @ 17.84 BPR $360 IVR 50.3 PoP 55% P50 47% expected move 16.00-20.00 net delta -1.55 target: 40% max profit notes: earnings report on July 29; breakevens are marked with yellow in the chart

adambouska

NASDAQ:QQQ +1 298 put -1 303 put -1 357 call +1 362 call $1.10 net credit if you have enough BP, you can make it a strangle (= without long strikes)