Option Strategies: MU, PL& FDX
Hello everyone! Today i want to share some option strategies with you!
1
$FedEx(FDX)$ announces earnings after the closing bell tomorrow (Thursday). Expected move is ~8%.
Not sure how we want to play this. We're 👀 the 280 strike for a put-write trade, expiration date tbd.
2
$Planet Labs Pbc(PL)$ announces earnings after the closing bell on Thursday. Expected move is ~22% ... that's a big EM! Am surprised that IV isn't over 200%.
🤔 ... could there be some mis-alignment here between EM and IV. If so, that means there is an opportunity for an #Optionselling trade.
Am
3
Here we go ... $Micron Technology(MU)$ to hopefully save the stock market 🤞🏽🙏🏽
We're gonna do our part and write some covered and naked calls, adjusting our strikes up to 550+. Am also debating on taking a strike at $500 to potentially get called out and capture some 😋 premium.
Also writing April 17th expiry puts, layering in at strikes from 260 to 290.
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