Earnings Trades update

Now that we are in the heart of Earnings season, a great deal of my new positions are focused in this area. Newly added for this week so far:

  • $SANM  I am long the August 23/25 CS & short the August 24/20 Strangle on a 3:2 Ratio (for some clients)
  • $NFLX  The remaining pieces are: short July 25w 470 & 480 Calls, short the 400 Puts
  • $CNC  I am long the August 77.5/80 1×2 Call Ratio & long the August 75/72.5/70 1×2 Split Call Ratio (the Double Banger trade, look both ways)
  • $PII  I am long the August 135/140 Call Spread & short the 125 Puts
  • $VMW  The remaining pieces are: short July 25w 102 & 108 Calls, short the 88 Puts

 

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