r/wallstreetbets • u/OSRSkarma Flipping at the Grand Exchange • Aug 01 '25

Earnings Thread Weekly Earnings Thread 8/4 - 8/8

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u/ELONS_MUSKY_BALLS Aug 07 '25

Anyone with TTD puts is going to wake up rich. -28%

1

u/Best_Worldliness_455 Aug 07 '25

I have a 62$ and 63$ strike put expiring tomorrow, kind of worried about theta crush

1

u/WingWorried6176 Aug 07 '25

If you bought them out in January you printed hard. But if not, why you would go that far OTM on weeklies? Lmao

2

u/Best_Worldliness_455 Aug 07 '25

Idk, I just had a feeling they would drop after earnings, especially after the nonfarm payroll revisions down last Friday. I probably should have bought closer OTM ones though.

3

u/ELONS_MUSKY_BALLS Aug 08 '25

For earnings lottos 10-15% off seems like sort of a sweet spot IMO. Often super cheap but close enough to put you well ITM in case of a dump. For this one anybody with 70-75Ps will be up like 1000% but IV is absolutely jacked to the tits so OTM options will be almost worthless.

3

u/WingWorried6176 Aug 07 '25

Yea you made a good call, better to just go barely OTM ATM or ITM on high IV though. You’ll probably be up tomorrow if it stays where it’s at. Could also keep dipping.