One Last Earnings Trade For Today.
BTO SNAP 2023-04-28 9.50-10.50 Put Vertical @0.49 exch EDGX
BTO NIO 2023-04-28 8.00 Put @0.15 exch BOX
BTO NIO 2023-06-16 5.00 Put @0.11 exch BOX
Our #1 spread trader likes to fade moves in the stock the day before earnings, testing this idea out at the close.
Looks like the SNAP one will pass the test.
I did not see this until trading was closed, is it ok to get in this morning?
BTO SNAP 2023-04-28 9.50-10.50 Put Vertical @0.49 exch EDGX
BTO NIO 2023-04-28 8.00 Put @0.15 exch BOX
BTO NIO 2023-06-16 5.00 Put @0.11 exch BOX
Our #1 spread trader likes to fade moves in the stock the day before earnings, testing this idea out at the close.
Looks like the SNAP one will pass the test.
I did not see this until trading was closed, is it ok to get in this morning?