1.
$Fiverr International Ltd.(FVRR)$ releases earnings in pre-market tomorrow. Expected move is ~13%. Strongest gamma stacks are at the 30P and 35C. There is a small gap around the 25-26 level.
Gonna take an #Optionselling trade on this and play it for earnings. Sold the Feb 21 expiry, 27/24 put credit spread.
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2.
$Toll Brothers(TOL)$ releases earnings after market close today. Expected move is ~6%.
Current price action is essentially sitting at volume point-of-control and at a strong volume support cluster.
Wasn't really planning to trade this name for earnings. That said, might throw an #Optionselling trade on it and write the Feb 21 expiry. Targeting put strikes in the 100-108 range.
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3.
$SolarEdge(SEDG)$ releases earnings in pre-market tomorrow. Expected move is ~15%.
The daily chart shows no inclination one way or the other of which way this will move.
Gamma levels show the biggest positioning overall at the 12.5 put strike with the 20 call strike the biggest stack on the call side.
Gonna write the Mar 21 $25 call to fund buying the Feb 28 $13.5/12.5 put debit spread. Trade is for net credit.
If SEDG somehow miraculously pumps for earnings, then will hold the call position as we don't see it breaking $25 by Mar 21 considering the broader economic and policy environment.
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