Author shares options strategies: OTM calendars on relative-strength tickers like RKLB, put credit spreads when VIX is elevated, and volatility arbitrage around earnings.
RKLB — LONG Author notes RKLB held strong while SPY dropped, showing relative strength versus the market, and opened an OTM calendar at $77 strike. The trade buys 30dte longs for earnings week and sells weeklies leading into earnings, opened about a month before earnings, betting IV stays elevated in the longs and the position is resilient against market sell-offs. Main risk is the underlying breaking down despite relative strength.
SPY dropped today but RKLB held strong showing a lot of relative strength vs the market so opened OTM calendar at $77.
This Reddit post, published March 20, 2026, features u/breakyourteethnow discussing RKLB. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/breakyourteethnow · Tickers: RKLB