Weekly: earnings CMG IBM ISRG MSFT NFLX QCOM TUP VMW

I played CMG, IBM, NFLX before their news, ISRG, MSFT, QCOM, TUP, VMW after the announcements. I went far out on the wings for the pre-earnings plays. I picked up a few "nickels" in front of a potential earnings steamroller. Overall, a positive week.

Here are the trades (c = calls, p = puts, all are third week expiration unless noted, sell means sell-to-open, cover means buy-to-close, number is price per contract):

7/18/16 Mon Sell NFLX strangles JulW4

Sell NFLX JulW4 80 p 21

Sell NFLX JulW4 120 c 22

Sell TSLA JulW4 38

Sell VRX Aug 15 p 34

Sell IBM strangles JulW4 145/172.5 c

Sell IBM JulW4 145 p 27

Sell IBM JulW4 172.5 c 31

Sell IBM JulW4 148 p 45 third leg

Tue Roll CMG:

Cover CMG JulW4 300 p 05 for 95% profit

Sell CMG JulW4 350 p 45 ahead of Thu earnings

Cover CMG JulW4 500 c 14 for 80% profit

Sell CMG JulW4 470 c 72

Sell VWM Aug 60 p 35

Wed Sell MSFT Aug 52 p 17 earnings

Sell ISRG strangles: Sell ISRG Aug 650 p 136

Sell ISRG Aug 760 c 129

Sell BRKB JulW5 148 c 36 rebalance

Sell TSLA JulW5 202.5 43 rebalance

Sell TUP Aug 55 p 20 c

Sell SPY AugW1 209.5 p 32

Thu Sell BRKB Aug 148 c 102 rebalance

Sell QCOM Aug 56 p 18 earnings

Sell TSLA JulW5 240 c 37 rebalance

Fri Sell CMG strangles:

Sell CMG Aug 350 p 81

Sell CMG Aug 480 c 51

Sell CMG Aug 335 p 50 rebalance as CMG rallies

Sell CMG JulW5 400 p 45 rebalance again

Cover TSLA JulW4 190 p 01 97% gain