I opened $AVGO 20241220 158.0 PUT$ ,Earnings play on AVGO on Wednesday after hours. Sell put at strong support with about 7% buffer to the downside. Average estimate to stay above 175/180 after earnings. Let's see how it pans out 😉
I closed $TSLA 20241213 410.0 CALL$ ,Out with 30% breaking double top. 410 will be the next resistance before testing ATH into power hour or after CPI.
I opened $AVGO 20241220 158.0 PUT$ ,Earnings play on AVGO on Wednesday after hours. Sell put at strong support with about 7% buffer to the downside. Average estimate to stay above 175/180 after earnings. Let's see how it pans out 😉
I closed $TSLA 20241213 410.0 CALL$ ,Out with 30% breaking double top. 410 will be the next resistance before testing ATH into power hour or after CPI.
I opened 1.0 unit(s) $ADBE CUSTOM 241213 PUT 505.0/PUT 515.0/PUT 485.0$ ,I am betting that ADBE will go up after earnings. So, I opened broken wing butterfly. In summary, the max risk is $950, if the share price moved below $495 after earnings and at date of expiry. That is about 10% drop from $550 level. If prices stays above $495, this trade will be winning minimum $78.