Covered Calls with Reinis Fischer

Share this post
Earnings Trade on SPCE: Bought 19 Straddle Options
coveredcalls.reinisfischer.com

Earnings Trade on SPCE: Bought 19 Straddle Options

Reinis Fischer
Nov 5, 2021
Comment
Share

On November 05, 2021, I bought 1 straddle option on Virgin Galactic (SPCE) stock expiring in 7 days (November 12)

SPCE will announce the earnings report for Q3 on November 08 (after the bell)

Expected Implied Move: +/- 9.4%

This is not trading advice. Investments in stocks, funds, bonds, or cryptos are risk investments and you could lose some or all of your money. Do your due diligence before investing in any kind of asset.

here is our trade setup:

  • BOT 1 SPCE NOV 12 '21 19 Put Option 1.00 USD

  • BOT 1 SPCE NOV 12 '21 19 Call Option 1.15 USDSE 21:26:37 2.40 null U7499584 fisers631

For these trades, we paid 215 USD (before commissions)

Our break-even points: $16.8 and $21.2

CommentComment
ShareShare

Create your profile

0 subscriptions will be displayed on your profile (edit)

Skip for now

Only paid subscribers can comment on this post

Already a paid subscriber? Sign in

Check your email

For your security, we need to re-authenticate you.

Click the link we sent to , or click here to sign in.

TopNewCommunity

No posts

Ready for more?

© 2022 Reinis Fischer
Privacy ∙ Terms ∙ Collection notice
Publish on Substack Get the app
Substack is the home for great writing