$JPM Earnings on deck! JP speaking Tues, this is setting up for an interesting trade... Loading on a pullback with stops at Friday's low.
5%+ IV time skew w/ earnings coming on the 14th for options!
$170C calendars would give a really nice edge here
www.tradingview.com
Been meaning to try one of these . .
Debit 2.46 ($246.00)
Theta 1.66
Delta 1.49
IV 10 IVR 12%
Break-Even / Scratch 266.60 and 253.20 (13.40 profit range)
SPY spot 259.97 Will set this to close at 10% -$25/contract (this is one)
- If SPY sits as still as it has today will let it go to more profit Shorts are 23DTE
and at that time...