Back from vacation so this is a good time to open some new Double Eagle trades.
Trade 1. JNJ Double Eagle
Exit
Total PNL (before transaction cost): %
Enter
- Earnings release date: 4/15
- Trade: J5.11/J5.17 155/170 STG SWAP
- ToT stats
- Vol: J5.11 @ 18%, J5.17 @ 21.5%
- Underlying: $163
- Premium: $0.95
- DPR: 0.58%
- SPR: 9.2%
- Expected IV build: 19%
Trade 2. NFLX Double Eagle
Exit
Total PNL (before transaction cost): %
Enter
- Earnings release date: 4/17
- Trade: J5.11/J5.17 885/1025 STG SWAP
- ToT stats
- Vol: J5.11 @ 37%, J5.17 @ 45%
- Underlying: $966
- Premium: $21.05
- DPR: 2.18%
- SPR: 14.49%
- Expected IV build: 45%
Trade 3. LMT Double Eagle
Exit
Total PNL (before transaction cost): %
Enter
- Earnings release date: 4/22
- Trade: J5.17/J5.25 445/495 STG SWAP
- ToT stats
- Vol: J5.17 @ 25.5%, J5.25 @ 25%
- Underlying: $468
- Premium: $5.20
- DPR: 1.11%
- SPR: 10.68%
- Expected IV build: 23%
