Hello everyone! Today i want to share some trading strategies with you!
1
$Marvell Technology(MRVL)$ announces earnings after the closing bell on Thursday Aug 27th. Expected move is ~11% for earnings, and ~16% for the Sep 18 expiry.
We're gonna write the Sep 18 expiry $160 or $165 put.
2
$IREN Ltd(IREN)$ announces earnings after the closing bell on Thursday Aug 27th. Expected move is ~13% for earnings and ~20% for the Sep 18 expiration.
We are long shares (very small position) and have the 35/30 put credit spread in play. We'll probs close out that PCS and re-write at the 30/25 strikes, same expiration.
If IREN dumps and stays down by the Sep 18 expiry, then we'll probably close out the 25P contract for profit and let the 30P contract get assigned.
3
$Salesforce.com(CRM)$ announces earnings after the closing bell on Wednesday Aug 26th.
We like this name back down at the low of 146, so we're gonna write cash-secured puts at the 150 strike, Sep 18 expiry.
4
$NVIDIA(NVDA)$ announces earnings after the closing bell on Wednesday Aug 26th. Expected move is ~6%.
optionselling trades we're taking:
- STO put credit spread, 165/160 or 165/155 strikes, Sep 18 expiry
- STO cash-secured puts, strikes laddered between 165 to 185, Sep 18 expiry
- STO covered and naked calls, Aug 28 expiry, strikes tbd
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