Earnings Trades update

Last full update can be reviewed here.

Current Positions:

Netflix $NFLX  I am Long the April 02w 470/440/420 1×2 Split Put Ratio. The Long stock and Short Calls were closed this week. I have a Sell Short Stop set at $440 (again). Activity this week

Google $GOOGL  I am Long stock at $525 (as of 3/6, let L Calls exercise) and Short the Sep $550 Calls (covered calls). No change this week

Centene $CNC  I am Long stock at $56 (2x size) and Short the Mar $60 Calls (covered calls, 2x size). No change this week

Twitter $TWTR  I am Long stock at $41.99 with Short June $45 Calls (covered calls). No change this week

Buffalo Wild Wings $BWLD  I am Long the Mar 190/200/210 Call Fly and Short the June $195 Calls. No change this week

Boston Beer $SAM  I am Long the 260/270/280/290 Call Fly. No change this week

MercadoLibre $MELI  I am Short the Mar 135/140 CS & 130/125 PS. A Sell Short Stop triggered this week and that was covered on 3/10. Activity this week

Air Methods $AIRM  I am Short the Mar 50 & 55 Calls. Set a Buy Stop at $49 (hedge). Activity this week

AutoZone $AZO  I am Short the Mar 690/620 Strangle. BtC the Short Strangle. Options Net final: $21.48 & trade is now closed. Activity this week

Cooper Companies $COO  I am Long the Mar 170/175/180 Call Fly with Short $155 Puts. I am Long stock at $175 (hedge). Activity this week

Verifone $PAY  I am Long the March 33/35/37 Call Fly with Short $31 Puts (new)

Ulta Salons $ULTA  Initial trade: Long the March 145/150/130 RRCS. I have StC the March 13w $145 Calls so a Short 150/130 Strangle remains with a Buy Stop set at $153 (hedge). (new)

Exits:

  • $AZO
  • $BITA
  • $QIHU
  • $HABT
  • $VRA
  • $KKD

 

– DM 10:20 AM CST