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Showing posts with label EXPE Oct 2015 earnings play. Show all posts
Showing posts with label EXPE Oct 2015 earnings play. Show all posts

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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