Option Strategies: SOFI, HOOD& AMZN

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04-29 14:09

Hello everyone! Today i want to share some trading ideas with you!

1

Got cash-secured puts on

$Amazon.com(AMZN)$ heading into earnings tomorrow.

- 230 strike, May 1 expiry

- 205 strike, June 16 expiry

Also got covered calls - May 1 expiry 265 strike and 280 strike farther out in DTE.

2

All ya'll

$Robinhood(HOOD)$ bulls better get the tutes pumping this stock after earnings today.

That said, we'll do our part to tempt them by writing naked calls, 105 strike (or higher), May 1 expiry.

3

$SoFi Technologies Inc.(SOFI)$ announces earnings before the opening bell on Wednesday. Expected move is ~10%.

Got a long position on this and am thinking of writing covered calls at the 21 strike, May 1 expiry.

21 sits at the 200MA as well as upper bound of the expected move. Am also looking at the 23 strike, which sits just under the 200EMA.

Not much overhead resistance between current price and the volume cluster starting at 26.


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