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Friday, October 30, 2015

Expedia (EXPE) Earnings Play

10/29/2015 (12:48:54 pm, PT)

sell -1 Oct 30, 2015  $114 put at $1.20

Notes:

  • this is a 1-day trade
  • "earnings play"
  • 84% probability of success
  • "expected move" was $10



10/30/2015 (expiration)

EXPE closed at $136.30

my put option expired perfectly

GROSS PROFIT:  $120

Success!



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