Earnings Trades update – 02/27/2014

Came into this week with 3 existing trades:

  • $EL
  • $FLT
  • $CONN

I have added the following trades (all in personal accounts):

  • $DPZ this was a long stock trade for a $.70 gain (was not held into earnings as originally planned). Closed
  • $SINA I am Long the March 07 Weekly 80 Calls & Short the March 82.5 Calls (a Diagonal Call Calendar). I added short February 28 Weekly 69 Puts on 2/25 for a 1.26 credit. Price is currently hanging out at the $70 level. There is a cushion of $1.18
  • $EOG I have the February 28 Weekly 182.5/187.5/192.5 Call Fly. Price is currently hanging out at the $185 level. Options Net: -$.70
  • $QCOR I am Short the February 28 Weekly 80/77 Strangle. I am short stock from $75 (as a hedge). There is a cushion of $9.43
  • $BIDU I am short the February 28 Weekly 180 Calls &  March 07 Weekly 155 Puts. There is a cushion of $11.74. More detail in this post here

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