Ford earnings 2/4 at 4:05pm options trade idea

Ford earning 2/4 at 4:05pm
Consensus: ($0.08)
Revenue: $33.30 Billion

Trade idea: In the money strangle calendar spread

buy 2/19 expiry $10 call = $100
buy 2/05 expiry $11 put = $67

Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
tradingview.com/u/growerik/

交易進行

Picked 1/29 expiry $12 straddle

交易進行

added a couple more 1/29 $12 straddle contracts

手動結束交易

Closed positions

交易進行

Got some 1/29 expiry $11.5 straddles

交易進行

While F is down and my put is holding +30% I added a $10.5 call to essentially turn this into an in the money strangle strategy. AKA a squeeze.