
@khushman @franny_edwards Can you let us know when it’s resolved on here ?
English
Guerry Simeon
10 posts












#Optionselling earnings trade on tap for tomorrow: $ORCL Expected move is ~7% positioning downside to around 165 and upside to around 190. Small unfilled gaps at the 152 and 141 levels (with stronger volume support at the 141 gap). We're looking at writing puts at both the 141 and 152 gaps, June 13 expiry. The 152 strike would obviously carry a higher risk of breach and assignment, so keep that in mind. If we strangle the trade, we would write the 220 call strike.