Verticals

LMT has been on a strong downtrend for the last 4 months, They reported earnings this morning and the stock price tanked further by another $30. So , put on this Bear Call Credit spread as expecting it be weak on the upside and possibly even going down further. SELL -8 TO OPEN LMT 21-Feb-25 […]

ABNB has earnings between 11 to 14 Feb 2025 due to which IV is high.But I feel the chart is showing weakness with cross below 50 SMA with volume in the last few days and trending downwards.So, sold a Feb monthly expiry Bear Call Spread. SELL -10 TO OPEN ABNB 21-Feb-25 140 CALL 2.91 1.08