Trading Strategies: PANW, AVGO, DELL& SNOW
Hello everyone! Today i want to share some option strategies with you!
1
$Palo Alto Networks(PANW)$ announces earnings on Tuesday after market close. Expected move is ~9%.
Am looking at writing cash-secured puts around the 200EMA area of 257 and put credit spreads at the 300 short strike, all trades Sep 18 expiration.
2
Was going to trade $Dell Technologies Inc.(DELL)$ for earnings this week thinking that it was still in the 100s.
How TF did it get into the 400s !!!
3
$Broadcom(AVGO)$ announces earnings on Wednesday after market close. Expected move is ~7-8%.
Gonna write the Sep 18 expiry $290 strike put.
4
Really wanted to write puts on $Snowflake(SNOW)$ at the 185 gap to play earnings this week, but there is no premium at that strike for the Sep 18 expiry.
So ... gonna pass on puts. Might look at call credit spreads. $440 short strike, Sep 4 expiration. 🤔
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