Tuesday, 2 August 2016

Options Trading - YELP

Just paper trading with straddle/strangle strategy on YELP.Earning report on 9 Aug.

BTO on 1st Aug.
19Aug 31.5 PUT @$2.45
19Aug 32 CALL @$2.55
Total cost = $5.00.

Stock price & IV when the trades were done: $31.83 & 0.7989.

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