Post earnings bearish/omni directional trade with a +90% probability of profit! And a recap from my MSFT trade first placed on 6/27 that had 6 rolls to extend duration! Giving us time to be right. 

Post earnings trade in MS. MS has a high .77 correlation to the market too. Playing the contrarian roll, short delta trade into this larger than expected MS up move today. Defined risk / positive theta decay trade.

Post earnings short delta diagonal trade in DAL. A defined risk trade which uses less capital but has a larger delta then most trades we have placed and volatility sensitive. 

Special guest Errol joins me to today as we search for premium selling opportunities in high IVR stocks with no earnings in August. Errol then critiques my trade!

SPX Bullish to neutral put broken winged butterfly - reducing width of the wings to take less risk.

Avoiding earnings (8/31) reducing risk with a high probability of profit defined risk trade with a kicker.

MSFT Iron Condor before earnings

Volatility up and the market up? Sign of a market losing steam? Bat looks at a defined risk trade to take advantage of this.

Looking to put some capital to use. COIN is a relatively lower priced stock with call skew that fits the bill!

Synthetic strangle in META. Also highlight a new tastytrade feature CV@R also known as Conditional Value at risk