earnings trades for July 2015

traderlux · Jun 21, 2015

planning to do some earnings trades for July 2015 for the following stocks,

AAPL, AMZN, NFLX, PCLN, TSLA

http://finviz.com/screener.ashx?v=111&t=AAPL, AMZN, NFLX, PCLN, TSLA

I would buy calls (or puts, or both) that expire AFTER the earnings date.
Options OTM, delta about 15-25.
Looking for a run up in IV into earnings.
I would close before the E/R.

I will post some specifics here if I open any positions.

xandman · Jun 21, 2015

Nice choices. What was the reason for the FINVIZ link. Did you have any Filters?

traderlux · Jun 21, 2015

FINVIZ link just get a quick over view, not sure why only AAPL got the hot link.
I picked these because there is a lot of trader interest on these stocks, the info also came from a noram asset webinar with Tim Reazor

http://noramassetmanagement.com/

xandman · Jun 21, 2015

Those tickers show excellent seasonality in volatility. Though, the upcoming earnings period has the least seasonal movement between earnings periods.

Not to steal your thunder: I have long butterflies on AMZN, NFLX, and TSLA but the Theta is starting to burn a hole in my pocket.

Looking forward to your posts.

xandman · Jun 21, 2015

PRVT123 said:
in options , 90% of the time your trading against the book or market makers book.
hence when you win big in options,, the market makers lose money. and reason for insider trading making it illegal.

Wrong. The MM has a diversified position across the whole volatility surface. The MM already got his pound of flesh from the bid/ask spread and just needs to manage the exposures on the way to expiration and a full realization of profit.

Btw, 78 posts in 2 days. Mostly flame posts lacking substance. Did Mommy just give you back the internet or are you just waiting for the admin to come around and ban you?

OTM-Options · Jun 21, 2015

traderlux said:
planning to do some earnings trades for July 2015 for the following stocks,

AAPL, AMZN, NFLX, PCLN, TSLA

Five of the "ten horseman", good option plays at anytime - including earnings. I posted those very options to my profile on April 15, 2015.

"I specialize in buying OTM weekly call options on AAPL, FB, GOOGL, AMZN, PCLN, NFLX, TWTR, TSLA, GMCR, CMG and QQQ"

TWTR has been replaced with MSFT. I very rarely will venture outside of my ten choices plus QQQ when it comes to options.

traderlux · Jun 21, 2015

OTM-Options said:
Five of the "ten horseman", good option plays at anytime - including earnings. I posted those very options to my profile on April 15, 2015.

TWTR has been replaced with MSFT. I very rarely will venture outside of my ten choices plus QQQ when it comes to options.

take a look at FCX and SLB, weeklys on these can have some pretty good moves.

traderlux · Jun 27, 2015

traderlux said:
planning to do some earnings trades for July 2015 for the following stocks,

AAPL, AMZN, NFLX, PCLN, TSLA

http://finviz.com/screener.ashx?v=111&t=AAPL, AMZN, NFLX, PCLN, TSLA

I would buy calls (or puts, or both) that expire AFTER the earnings date.
Options OTM, delta about 15-25.
Looking for a run up in IV into earnings.
I would close before the E/R.

I will post some specifics here if I open any positions.

AMZN e/r is July 23,
consider the following, I am NOT in the trade, from Thu June 25,
Jul wk 4 490 call @ $3.77