Trade Update 2: March 22nd 10:30am With ORCL selling off to near its 50 day moving average (28.87) we’re selling the April 29 puts from the straddle/strangle trade at 75c. We’ll hold onto the April …
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Trade Update: (Straddle/Strangle) With ORCL at 30.60 following a decent earnings report we’re covering the March straddle at .87 as it is simply a short delta play at this point. We’ll hold onto the April …
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ORCL reports its fiscal Q3 after the close tonight and the options market is implying about 5.3% move following the report, which is basically inline with the 4 qtr avg move of 5.37%, but rich …
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