These earnings butterfly strategies are dangerous. I did my last one yesterday. It works for a while, but the problem is when you lose money, you...
I think the cisco butterfly would have been a loser if you held till afternoon if you bought the atm fly..i.e. middle strike at 17. I...
Yes, I do look at them historically, but seems to me like it doesn't matter. A good example would be the PCLN straddle pre-earnings, which was...
I bought the NTES SEP 50/57.5/65 butterfly yesterday for 2.85. I wonder if I paid too much here. But in any event, NTES dropped big. Showing...
Sold GRPN straddle for 2.10. I may buy a September or October butterfly at the end of the day.
I just bought GRPN straddle for 1.75. I will sell my straddle prior to earnings on Monday. I also bought JCP butterfly yesterday. Made some...
By 7.50 wide butterfly, do you mean the September 45/52.5/60 butterfly? I see that going for 2.55 on thinkorswim. Or do you mean the August? The...
GRPN earnings out on monday after hours. I was thinking of buying a straddle on it, but I changed my mind.
What you can also try to do is buy a butterfly on stocks that moved strongly last earnings announcement..i tried to do that with gmcr..however...
Bought the JCP straddle yesterday. Earnings out tomorrow. Let's see how it goes. I will sell it today. I must mention that I bought the...
So how do you determine when to enter? I have been moderately successful with this strategy, but I don't think I have a 65% hit rate.
This strategy may be getting too crowded. Jeff Augen wrote about this strategy in one of his books. Steadyoptions.com also exclusively uses this...
Yes, I agree that straddles are risky, but sometimes you need to look at risk/reward. 8% (it was actually less than that) implied move is low...
Dumbass marketmakers lost some money. Told you all. Less than 8% implied move for a stock that has a history of making big moves? Give me a break.
Someone posted PCLN post-earnings move on seeking alpha. Based on this history, seems to me like PCLN straddle will probably make money if you...
The stock is up around 2 and a half % with no news. Frankly, I expect it to jump or tank more than 10% after earnings. Yes, straddles rarely make...
The August straddle predicts a move of only 8%. This might as well happen, but given that PCLN has a history of making big moves, an 8%...
The FB straddle went down in price today. However, I still ended up with a gain (albeit very slight). The AMZN straddle that I bought yesterday...
My plan is to sell the straddle before earnings announcement. The announcement is after hours. I am trying to take advantage of increase in...
I own a FB straddle. Bought it two days ago. My plan was to sell it pre-earnings. Really did not anticipate Znga making such an impact. In any...
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