NASDAQ: FB looks as if it will dip before hitting a new high on July 27th. As for the YTD of FB the Q Earnings Report has shown that FB receives a jump. This could potentially happen after the 27th. But do not be discouraged if the stock seems to fall prior the 27th. Check it out.
QUNR announced earnings a little more than a week ago, and IVR/IV remains high (76/74). With this particular underlying, I'm potentially looking for a fairly quick volatility contraction and may not hold all the way to 50% maximum profit: the strikes are a bit unworkable where I would ideally want them for the Jan 15 expiry (I just can't tweak them to that 16%...
Having announced earnings about two weeks ago, IVR/IV in GME remains high (70/55). The standard setup -- the short strangle: Jan 22 27.5/38.5 short strangle POP%: 71% Max Profit: $113/contract BPE: ~$333/contract Break Evens: 26.37/39.63 Look to take it off at 50% max profit and move on ... .