Option Strategies: AFRM, TTD, NET& NET

Hello everyone! Today i want to share some option strategies with you!

1.

Wrote strangles on $Cloudflare, Inc.(NET)$ and $Trade Desk Inc.(TTD)$ to play earnings today. Sold strikes that were outside the expected move range and probability of breach in order to reduce risk while increasing the probability of reward.

Will close out the trades tomorrow and hopefully IV crush enables us to capture over $500 in total profit, but would be happy with #Optionselling profit in the $400-500 range.

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2.

$Trade Desk Inc.(TTD)$ May 9 expiry 40 put strike. Don't really want shares. Gonna write at a conservative strike.

Also looking at the May 9 expiry 85 call strike. TTD would have to have a 40% move for earnings and we are betting that is not gonna happen by Friday's expiration.

3.

Taking a pre-earnings optionselling trade on $Affirm Holdings, Inc.(AFRM)$ . Wrote the May 16 expiry $40 strike puts. Looks like a good spot to take assignment or roll lower if need be.

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4.

Taking this pre-earnings optionselling trade on $Cloudflare, Inc.(NET)$ . Might have taken it too early. Oh well ... the trade is in play.

NET is a stock we don't mind assignment at the 90 put strike.

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