Category Archives: NTAP

Earnings play on Netapp Inc. – Closing trade


BUY +5 STRANGLE NTAP 100 (Weeklys) MAY4 14 36/34.5 CALL/PUT @.24 LMT Opening credit = $610 (open trade link) Closing cost = $135 Profit = $475   Advertisements

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Earnings play on Netapp Inc.


Earnings play on Netapp Inc … SELL -5 STRANGLE NTAP 100 (Weeklys) MAY4 14 36/34.5 CALL/PUT @1.23 LMT (short strikes around the anticipated market maker move … can use cost of ATM straddle for estimation as well) Days to exp. = 2 POP … Continue reading

Posted in Earnings, NTAP, Options, Short Strangle | 1 Comment