Trip Advisor Inc (TRIP) Earning Play
- Earning Release: May 6 AMC (Tuesday).
- Objective: Directionless. Sell IV.
- Last Closing Price = 84.41
- IV Percentile = 84.52%
- IV = 0.5842
- Floor IV = 0.34
- Option Strategy:
- Iron Condor: LNKD Sept14 65/70/95/100
- Factor in 10% Gap up and Gap Down
- Slight Bearish bias as TRIP chart is bearish
- Sell in May Month
- Fundamentally over value, PE = 60.08
Original Post by Marubozu @ My Stocks Investing Journey.
TRIP Fundamental & Chart
TRIP IV Chart
TRIP IV Risk Profile
TRIP Option Chain (June) with Slippage = 0.1 to 0.15
TRIP Option Chain (Sept) with Slippage = 0.2 to 0.3