how about this?

Trade Structure (Call Butterfly):

• Buy 1x $145 Call

• Sell 2x $150 Calls

• Buy 1x $155 Call

This strategy profits most at $150, and gives you upside exposure beyond your original $145 call spread, while capping loss.

Optional Add-on: Protective Put

If you’re concerned about a post-earnings crash, you can still:

• Buy a $130 put to cap downside losses

• Cost: adds ~$2.00, but caps your max risk

所有跟帖： 

• Butterfly should only be used to help your cc, not alone -三心三意- ♂ (0 bytes) () 05/21/2025 postreply 09:34:40

• Let's say you write cc for 150 at $6 ... -三心三意- ♂ (645 bytes) () 05/21/2025 postreply 09:38:38

• that is why I am happy at 156 -BrightLine- ♂ (167 bytes) () 05/21/2025 postreply 09:40:21

• as long as you'ok with only $6 downside protection :) -三心三意- ♂ (0 bytes) () 05/21/2025 postreply 09:42:24

• I can buy some puts as well... -BrightLine- ♂ (28 bytes) () 05/21/2025 postreply 09:55:36

• remember，always buy put first, then decide on cc -三心三意- ♂ (0 bytes) () 05/21/2025 postreply 10:06:03

• I've shared the reason many times before -三心三意- ♂ (0 bytes) () 05/21/2025 postreply 10:06:29