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Showing posts with label DIS Aug 2016 earnings play. Show all posts
Showing posts with label DIS Aug 2016 earnings play. Show all posts

Wednesday, August 10, 2016

Disney (DIS) Earnings Play

Tue. 8/9/2016 (12:58:51 pm, PT)

sold -1 Aug 12, 2016  $96 put at $1.37

Comments:
  • This was an "earnings play"
  • I don't mind owning DIS stock, so my short put was almost at-the-money


Wed. 8/10/2016 (10:47:11 am, PT)

bought back put at $0.05

PROFIT:  $132 (in ONE DAY!)

SUCCESS!