Earnings Trades update – 09/06/2013

I have a solid amount of earnings trades already so I was really choosy this week in looking for new trades to put on. I ultimately did trades on $GWRE & $CONN (both post-earnings).

Here is the list of current trades:

  • $ORCL — I am long stock at $30.15 (client). Stock is at 32.25
  • $EXPE — I am Short the September 55 Puts. The Short September Puts are currently ITM and I will need to address this piece before expiration in September. Rebounding some on some recent Travelocity news
  • $WFM – I am Long stock at 55.71, short the September 50/52.5 Strangle (short Calls are covered). The net on Options is 3.29 currently
  • $MNST – I am short the September 52.5 Puts (a recent adjustment). I have hedged long stock twice and have a net of $2.05 on the trade so far
  • $EL – I am short the September 62.5 Puts (1/2 position left)
  • $ARO – I am short the October/September 9/8 Diagonal Put Calendar
  • $GES – I have on a September 29/31/33 Risk Reversal Call Spread (was a Bear Collar with short stock until today, covered the short stock piece for a gain)
  • $GWRE – I am Short the Apr/Oct 50 Call Calendar and Short the Oct/Sep 45 Put Calendar. I have +6.50 net on Options as of today
  • $CONN – I am short the September 60 Straddle (1/2 size). I have +9.23 net on Options/gains booked as of today

3 thoughts on “Earnings Trades update – 09/06/2013

  1. Pingback: Dissecting a trade in Guidewire Software | 1nvestor

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