Options Playbook Radio 247: NVDA Xmas Tree Earnings Butterfly

14/02/2019 14 min
Options Playbook Radio 247: NVDA Xmas Tree Earnings Butterfly

Listen "Options Playbook Radio 247: NVDA Xmas Tree Earnings Butterfly"

Episode Synopsis

We start the show by reviewing the performance of our Pepsico Earnings diagonal spread from last show. This week we breakdown a bullish Christmas Tree Butterfly in NVDA going into earnings. With NVDA at $152.88 Brian wants to buy 1 Feb15 165 Call, Sell 3 Feb15 167.50 Calls and then Buy 2 Feb15 170 Calls for a net credit of $.20