these are a couple candidates for earnings options plays this next week.
Green Mountain Coffee, GMCR, is pricing in a $3+ move, on an ~$18 price. reports after market close wednesday. has a history of making wild moves after earnings, and is at support here. place your bets by wed., if the release will crack support or spurn a squeeze.
LinkedIn, LNKD, is pricing in a 10% move off it's $100ish price, reports after market close thursday. pop for a retest of recent highs, ~$110, or roll over to test support in the low $90s? with the numbers out thur., it will make for an interesting weekly opex.
directional? or unbiased?
thinking of trying two small OTM butterflies again, a few strikes out each way. maybe a cheap additional spread on the upside for GMCR, $23/$24 weekly is only .05, and considering the $50 -> $30 move last earnings release caused, a large move is not out of the question.
anyone else thinking of playing?
Green Mountain Coffee, GMCR, is pricing in a $3+ move, on an ~$18 price. reports after market close wednesday. has a history of making wild moves after earnings, and is at support here. place your bets by wed., if the release will crack support or spurn a squeeze.
LinkedIn, LNKD, is pricing in a 10% move off it's $100ish price, reports after market close thursday. pop for a retest of recent highs, ~$110, or roll over to test support in the low $90s? with the numbers out thur., it will make for an interesting weekly opex.
directional? or unbiased?
thinking of trying two small OTM butterflies again, a few strikes out each way. maybe a cheap additional spread on the upside for GMCR, $23/$24 weekly is only .05, and considering the $50 -> $30 move last earnings release caused, a large move is not out of the question.
anyone else thinking of playing?
