Earnings journal

oldmonk · Apr 24, 2019

TheBigShort said:
Yea I posted fill above. I think it's going to be our beat trade of the journal!! Did you take it as well? Stock is not reacting to conference call!!

Nope, I'm in IP (1.62), MO (1.66), RTN (5.3). All report pre-market.

oldmonk · Apr 25, 2019

Closed IP (1.1), MO (2.5), RTN (6.3). Down overall today.

TheBigShort · Apr 25, 2019

I just got creamed on NOW holy!!. Closed for 21.07. Out of Facebook at 12.14. Ugh that was awful!

oldmonk · Apr 25, 2019

Back to near breakeven (including commissions) on this earnings season. No thanks to the aerospace companies - LMT, RTN, GD, NOC. The last two should've been big wins, but I covered GD too soon and didn't get filled on NOC when it was looking good. Gains were driven by financials - AXP, GS, WFC, PNC. Still a long way to go though.

oldmonk · Apr 25, 2019

TheBigShort said:
I just got creamed on NOW holy!!. Closed for 21.07. Out of Facebook at 12.14. Ugh that was awful!

Unfortunate, both of those were looking great yesterday.

TheBigShort · Apr 25, 2019

oldmonk said:
Back to near breakeven (including commissions) on this earnings season. No thanks to the aerospace companies - LMT, RTN, GD, NOC. The last two should've been big wins, but I covered GD too soon and didn't get filled on NOC when it was looking good. Gains were driven by financials - AXP, GS, WFC, PNC. Still a long way to go though.

Yea, lets keep up the good work @oldmonk , account donw 2.9% today, shaking it off, coming back stronger! I am going to be taking a few delta bets in the journal.

Filled INTC 58C Apr26 for 1.1
Filled SBUX 77C Apr26 for 1.41
Filled on FTV 88 long straddle @ 3.68
Filled CVX FLY 111/118/125 @ 4.25 risk

oldmonk · Apr 25, 2019

I'm trying to get filled on the CVX 112/118/124 fly. No other trades for me today.

Edit: Just got filled at 2.68Cr.

TheBigShort · Apr 25, 2019

oldmonk said:
I'm trying to get filled on the CVX 112/118/124 fly. No other trades for me today.

Edit: Just got filled at 2.68Cr.

Did you see MMM today?The ATM straddle tripled in value. When are we going to get one of those in this journal?

oldmonk · Apr 25, 2019

TheBigShort said:
Did you see MMM today?The ATM straddle tripled in value. When are we going to get one of those in this journal?

Not from me, I'm only short vol on earnings, for now at least.

TheBigShort · Apr 25, 2019

Long the 130/120 May Put spread for for 3.45 MHK

oldmonk said:
Not from me, I'm only short vol on earnings, for now at least.

Thank god we buy the tails. It just takes 1 of those to ruin a whole earnings season