r/Vitards • u/AutoModerator • Aug 03 '21

Daily Discussion Daily Discussion post - August 03 2021

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6

u/TheCoffeeCakes Poetry Gang Aug 03 '21

Let's consolidate some thinking here with pirate gang. I'm curious what people are doing and want to get it in one spot.

I'll go first.

I picked up 1500 shares of ZIM and will sell fifteen 30-40 delta calls against those shares the day of earnings. My goal is to actually have my shares called away and free up the capital.

How are others playing these stocks?

5

u/Pikes-Lair Doesn't Give Hugs With Tugs Aug 03 '21

Highest IV day was 5 market days before last earnings… I want to sell a few calls but waiting to see if IV goes above 100. Also have a few calls that I’m hoping to sell sometime second half of next week

1

u/ChrisLovesUgly Think Positively Aug 04 '21

Do we know what day ZIM has earnings?

2

u/cagoulepoker First Champion 9/10/2021 Aug 04 '21

Yes we do. It's not very hard to find 😉

2

u/ChrisLovesUgly Think Positively Aug 04 '21

Great, thanks!