I have several existing positions that have Earnings AMC:
- $BWLD (Submarine Basket)
- $PNRA (Submarine Basket)
- $GILD (own for some clients)
- $IACI (Swing account)
- $ESRX (IRA account)
Here is an EPS graph on $BWLD via Estimize:
Note: You can view the specific trade info on the appropriate Positions tab.
– DM 10:20 AM CST
Sometimes I don’t have a clear bias in a trade but I expect a nice move one way or the other and I want to participate. Yes, I want my cake – and eat it too.
One way I do this is to design what I call a LBW (Look Both Ways) trade. Here is how it looks on a chart:
Current November Option prices:
170/175/180 Split Call Ratio: 5.30/3.30/1.78
170/165/160 Split Put Ratio: 5.80/3.65/2.19