looking at hedged trade:
Long PG 25D/Short PG 18D
2:1 ratio
the earnings vol looks a little rich, no?
Further, 4-19 isn’t guaranteed for the date.
1. I have 4-19 BMO but I will check with other sources.
2. Yes, just a bit rich, hence, the hedge.
As the time passes, I will slowly cover the short position and increase the reporting one.
The first qtr is over, so I am a bit bored, lol, and this trade looks like the best available for the moment.
I don't follow GME; it's filtered out because of large bid/ask ratio relative to stock's nominal.
So what is the trade here? Long overnight? Will need a 25% move
ah, great trade! Profit is around 1.40$ per strangle, right?