Short Strangle Earnings Trade As I’ve said numerous times in the past, statistically speaking, when it comes to options strategies it doesn’t get much better than a short strangle. A short strangle is a neutral, range-bound options strategy (short call and short put) that has undefined risk and limited profit potential. Typically, a short strangle… Read more »
Trading Options Around Earnings Announcements For years and years clients of mine asked if I could teach them how to effectively trade around earnings announcements. And for years and years I stated: No! At the time, there were only 12 expiration cycles per year. Each expiration occurred on the third Friday of the month, so… Read more »
This week is arguably the beginning of one of the most anticipated earnings seasons in market history. The magic starts in earnest at the opening bell Wednesday when JP Morgan (JPM) and Delta Airlines (DAL)announce their earnings. And more companies follow suit as the week progresses with Morgan Stanley (MS), Bank of America (BAC), Citigroup… Read more »
Here are the top earnings options plays for next week (8/9 to 8/13). Courtesy of Slope of Hope Of the 71 stocks above, I’ve chosen to highlight seven stocks, with highly liquid options in the table below. Earnings season is winding down so we should see less and less opportunities over the next several weeks.… Read more »
Here are the top earnings options plays for next week (8/2 to 8/6). Courtesy of Slope of Hope Of the 80 stocks above, I’ve chosen to highlight ten stocks, with highly liquid options in the table below. As I stated last week and will every week during earnings season, my hope is that, by going… Read more »
I’m often asked, “What’s the best stock for credit spreads?” Admittedly, as a quant-based options trader, I’m dumbfounded by the question because it would require me to have a crystal ball, and unfortunately, my crystal ball broke decades ago. So, I can’t answer the question with any accuracy. However, I can tell you how to… Read more »
You’ll get Andy’s latest trades and takes on the market, along with four free options trading reports, discussing High-Probability Trading, Poor Man’s Covered Calls and more!
