Recent content by GoLions

Try SPY Weekly's, Monday, Wed, Fri. expirations. Long ATM Call when breakout from pivot high, Tues only, LX +.80, LXstop -.70 ATM put pivot low breakout, Wed and Fri only, LX +1.0, LXstop -.70

This is my trade for Tuesday if the price is still there. Not a earnings play , just a cheap straddle price, cyclic volatility and a bullish wedge;

About these earnings releases, don't get to focused on the sizes of the previous misses. I had indicator alert on KO the other day. On 2/13 the straddle was cheap, premium only 2.3 % of the underlying price but the median earnings miss was only 2%, and the magenta volatility spikes were recent...

The March straddle is Priced at 12% of the underlying, (@ 43% IV) which is not cheap relative to the historical 5 bar volatility spikes of up to 19% ;

The histogram is the range of the last 3 bars. The magenta bars represent high volatility with % price change > 20 day MA + 1 std deviation. The cyan bars are % price change < (20 day MA + 1 std)/3. There are 14 cyan/magenta "pairs", 11 of 14 (78%) have high volatility shortly after a cyan bar...

NTNX looks overdue for a sudden move. Earnings report due on Feb 28th, median miss 20%.