Earnings Trades update – 08/09/2013

Here are the current positions that are related to Earnings:

  •  $ORCL — I am long stock at $30.15 (client). Stock is at 32.72
  •  $UNH — I am long stock at $66.75 with an August 72.5/70/67.5 Collar. Stock is at $73 so the Short Call piece is currently capping my long stock gains
  •  $EXPE — I am Long the August 65 Call, Short the September 55 Put. The Short September Put is currently ITM and I will need to address this piece before expiration in September. Rebounding some this week
  •  $DNKN — I am Long the August 42.5/45 Call spread. Price is currently at 44.2 so this has potential to get full gains by next week expiration
  •  $WFM – I am Long stock at 55.71, Long the Aug/Sep 55/50 Diagonal Put Calendar, & Short the September 57.5 Calls
  •  $MELI – I am short stock at 143.81 (after hours on 8/1), 1/2 position left. I added an Aug Bear Collar on 8/2 (1/2 position)
  • $YELP – I am short the stock at $57 (1/2 position left) with an August 50/52.5/60 Bear Collar
  • $KORS – I am long stock (post-earnings) as a new trade. I had taken a long position into earnings in my Submarine Basket but closed that trade on 8/6. This is a new long trade, a bounce play.
  • $MNST – I am long the August 62.5 & 60 Puts. I have hedged long stock twice and have a net of $2.70 on the trade so far

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