META report

No change in stocks price...but both Put and Call are UP :)

I LOVE this game!
Very nice!
Did you take the position today?

Do you prefer straddles when long vol on earnings?
Any short fly's structure?
 
I closed most of the position yesterday and some today.

I think the rump is overdone, but who knows. Looks like 16% move is just to break even (if long).

We will find out after 4:00
 
I closed most of the position yesterday and some today.

I think the rump is overdone, but who knows. Looks like 16% move is just to break even (if long).

We will find out after 4:00

9.5% move, so big loss if you were long overnight.

Unless...Stock did crash as much as 22% right after report for a few minutes, so it was an opportunity to short the stock for a great gain.
 
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almost 7$ gain on the straddle...

Probably my last post on this strategy since folks here are not so interested in earnings trades.

Good luck everyone!
 
View attachment 333758

almost 7$ gain on the straddle...

Probably my last post on this strategy since folks here are not so interested in earnings trades.

Good luck everyone!
I'm interested and have been in all the trades you posted except PINS which ran away before I could fill. Closed ANET a day too early at a mere 20%. Don't want to give too much way after slaving away at min wage developing the system though.
 
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