$APP 20251114 530.0 PUT$ 

After APP’s solid earnings release — reporting $1.41 billion in revenue (up 4.7% YoY) and $2.45 EPS vs $2.38 expected — I sold a CSP positioned just below the $550 level, which has been a strong technical support. I’m also holding a short strangle with both put and call legs that currently look set to expire worthless. The far-out strike provides a comfortable buffer before any assignment risk, while elevated implied volatility keeps the premiums attractive. For now, I’m content collecting premium income and managing exposure as APP consolidates post-earnings.

APP PUT
11-06 23:40
US20251114 530.0
SidePrice | FilledRealized P&L
Sell
Open
2.50
1Lot(s)
--
Closed
AppLovin Corporation
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  • Valerie Archibald
    ·2025-11-08
    Who bought the dip? This chart is out of this world, will close 5% EOD today. My PT of $1000 by EOM is still intact. 1T market cap EOY.
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  • Wade Shaw
    ·2025-11-07
    APP’s $550 CSP + strangle? Perfect post-earnings premium play!
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  • Phyllis Strachey
    ·2025-11-07
    你认为应用程序会在到期前测试550美元的支持吗?
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  • Mortimer Arthur
    ·2025-11-08
    Very normal for a high beta stock......focus on the fundamentals and enjoy the sale price!

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  • Megan Barnard
    ·2025-11-07
    Elevated IV + solid earnings? Your theta grind’s genius, wow!
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  • mizzmo
    ·2025-11-07
    Loving your strategy and insights! [Wow]
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