RBLX Earnings Play

Description:
Earnings after close today, taking advantage of high IV on same week options and covering with next week's (Calendar Spread).

Long Call Calendar Spread
Levels on Chart
Break-evens

• 91.34 +16%
  
• 69.01, -12%
  

R/R: ~4:1
Positive R/R, stop loss levels built into position.
Intend to close before near term expiration.
*Stops based off underlying stock price, not mark to market loss

The Trade
BUY
11/19 79C
SELL
11/12 79C

Only invest what you are willing to lose
Break-evens and R/R vary on fill

Trade active:

This one was a bust. Settled up 28% AH.
Will try to get the best fill possible

Trade closed: stop reached:

Looking at Long Entry here... Put in close order on the Spread and filled at
.3, -64%
RBLX broke ATH and supply looks to be exhausted, could be time to pile on.
Here's formal play: