Internals are extremely strong today. Cumulative ticks have trended up the whole session thus far. NFLX has been on an absolute tear and my position is gaining quite a few negative deltas. However the position is up a little bit now so I will hold given that we are at all time highs and I'm still about $5 off my short strike. AMZN is also up today so that's helping my trade. ESI is showing a nice profit too having reported and the stock did not move so all that vol has collapsed which is nice. I also went for a call BWB on BIDU with strikes at 115/120/130 for $0.11 credit and got filled. This is also showing a small profit and I'm thinking that the market is pricing in a $15 move at the most, hence my long strike at $115.
Overall its a pretty good day as all 4 positions are showing a profit. Time to look for some more earnings plays for tomorrow.
No comments:
Post a Comment