Hello！ Everyone! Today i want to share some option strategies with you!
1
WOW
Has anyone been paying attention to $SolarEdge(SEDG)$ ???
Am looking to play this with naked calls and a put credit spread.
- Naked calls to take advantage of this pump and bet that it runs out of steam (highly risky if it does not and continues going up, safer move would be to do a call credit spread).
- Put credit spread to play the down move with the hedge and then turn the trade into a CSP on the short side (and if it doesn't drop, then we simply just keep the premium).
the Apr 17 expiry $60 call strike and 35/30 put strikes (but might do 37.5/32.5 for a bit more premium). Strong volume cluster in the 30-37 range with point-of-control at 35.
2
$SUPER MICRO COMPUTER INC(SMCI)$ with a big drop! You know what that means ... Optionselling opportunity‼️
This situation is not indicative of the company itself, so the drop might be an overblown reaction.
Am waiting for the options chain to open up strikes below 20 before taking a trade on it. Hopefully next week we get it for weekly expirations going out into May. 🤞🏽
3
$Ondas Holdings Inc.(ONDS)$ announces earnings after market close on Tuesday March 24. Expected move is 13.5%.
Am 👀 the April 17 expiry $7 or $8 strike for a cash-secured put-write trade to play earnings.
The 200EMA is around 7.6 and there is volume cluster support down to 8 (although, that doesn't mean much when a bad earnings move can wipe out support).
4
$Braze, Inc.(BRZE)$ announces earnings this week. The stock has been killed to the point where there is no volume support below from where its currently trading at.
Risky to play for a put-write trade, and not as enticing with only monthly expirations.
If we take a trade, it will be a pure 🎲 roll and we'll go as low as possible (premium permitting) on the April 17 expiration.
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