Tuesday, September 1, 2020

 Date: 9/1/2020

Company: Walmart

Symbol: WMT

Summary:

Trade #1: 

  • Earnings Date: Currently set for 11/17
  • Options Play: WMT 9/11 $150 CALL
  • Entry: $3.05

 Trade #2: 

  • Earnings Date: Currently set for 11/17
  • Options Play: WMT 11/20 $150 CALL
  • Entry: $9.90

 Suggested Strategy:

Open 3 or more positions (for Trade #1) prior to earnings or Open 1 position for Trade #2.  Exit half of your positions at 2x to reduce or eliminate risk altogether.  Keep remaining position through earnings.  You may buy an O-O-M Put as insurance to cover CALL.

Order Details

  • Action: Buy to Open
  • Symbol: WMT
  • Quantity: 3 or more contracts (Trade #1)
  • Expiration: 9/11 (Trade #1) , 11/20 (Trade #2)
  • Strike: 150
  • Type: CALL
  • Limit price: $3.05 or $9.90 respectively
Stock Target Price: $185
Total cost of trade: Min $915

Date: 9/1/2020

Company: Costco Whsl Corp New Com

Symbol: COST

Summary:

Trade #1: 

  • Earnings Date: Currently set for 9/24
  • Options Play: COST 10/2 $365 CALL
  • Entry: $6.00

 Trade #2: 

  • Earnings Date: Currently set for 9/24
  • Options Play: COST 10/2 $370 CALL
  • Entry: $4.40

 Suggested Strategy:

Open 2 or more positions prior to earnings.  Exit half of your positions at 2x to reduce or eliminate risk altogether.  Keep remaining position through earnings.  You may buy an O-O-M Put as insurance to cover CALL.

Order Details

  • Action: Buy to Open
  • Symbol: COST
  • Quantity: 2 or more contracts
  • Expiration: Oct 2
  • Strike: 365 or 370
  • Type: CALL
  • Limit price: $6.00 or $4.40 respectively
Stock Target Price: $400
Total cost of trade: Min $800 - $1,200

Date: 9/1/2020

Company: Docusign Inc

Symbol: DOCU

Summary:

  • Earnings Date: Set for 9/3
  • Options Play: DOCU 9/4 $280 CALL
  • Entry: $5.50

Suggested Strategy:

Open 2 or more positions prior to earnings.  Exit half of your positions at $23 to reduce or eliminate risk altogether.  Keep remaining position through earnings.  You may buy an O-O-M Put as insurance to cover CALL.

Order Details

  • Action: Buy to Open
  • Symbol: DOCU
  • Quantity: 2 or more contracts
  • Expiration: Sept 4
  • Strike: 280
  • Type: CALL
  • Limit price: $5.50
Stock Target Price: $300 - $330
Total cost of trade: Min $1,100

Date: 9/1/2020

Company: Crowdstrike Hldgs Inc

Symbol: CRWD

Summary:

  • Earnings Date: Set for 9/2
  • Options Play: CRWD 9/4 $145 CALL
  • Entry: $4.25

Suggested Strategy:

Open 3 or more positions prior to earnings.  Exit half of your positions on 9/2 starting at $20 to reduce or eliminate risk altogether.  Keep remaining position through earnings.  You may buy an O-O-M Put as insurance to cover CALL.

Order Details

  • Action: Buy to Open
  • Symbol: CRWD
  • Quantity: 3 or more contracts
  • Expiration: Sept 4
  • Strike: 145
  • Type: CALL
  • Limit price: $4.25
Stock Target Price: $170
Total cost of trade: Min $1,275