17d (edited) • Monthly passive income
ORCL up post earnings, 15.9k profit
ORCL crushed earnings. Stock is up 22%. Based on our previous earnings thread, this is what I did
- Sold 14% OTM puts (and then bought cheap 3 cents puts just to cover for any margin call if stock crashes). Will get 11.1k from this
- Sold a smaller lot of 7% OTM: Will get 4.8K from this
- I will close both of these tomorrow morning for a total profit of: 15,900$
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ORCL up post earnings, 15.9k profit
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