Straddles

Earnings Play: BOT 1 ET NOV 06 '20 5 Straddle 0.52USD

ET earnings play
On October 29, 2020, we bought straddle options on ET stock expiring on November 6.  ET is due to announce earnings report on November 4 pre-market, and we decided to try to monetize on it here is our trade setup: BOT 1  ET NOV 06 '20 5 Call Option  0.25 USD  BOT 1  ET NOV 06 '20 5 Put Option   0.27 USD For these trades, we paid 52 USD (before commissions) These trades come as the #40 and #41 in the month of October, as these are debit trades, instead of getting paid, we paid money to have…

Earnings Play: BOT 1 CLF OCT 23 '20 8 Straddle 0.57 USD

CLF earnings play
On October 22, 2020, we bought straddle options on  CLF stock expiring on October 23.  CLF was due to announce earning report October 23 pre-market, and we decided to monetize on it here is our trade setup: BOT 1 CLF OCT 23 '20 8 Call Option  0.37  USD   BOT 1 CLF OCT 23 '20 8 Put Option   0.20 USD  For these trades, we paid 57 USD (before commissions) These trades come as the #30 and #31 in the month of October, as these are the debit trades instead of getting paid, we paid money to have…

Earnings Play: BOT 1 GT OCT 23 '20 10 Straddle 0.40 USD

GT earnings play
On October 22, 2020, we bought our first straddle options GT stock expiring tomorrow October 23.  This is our first experience with straddles and earnings play. These trades were created to learn and understand better how these two (straddles and earnings) are working together here is our trade setup: BOT 1 GT OCT 23 '20 10 Call Option  0.27  USD   BOT 1 GT OCT 23 '20 10 Put Option   0.13  USD  For these trades, we paid 40 USD (before commissions) These trades come as the #28 and #29 in…