Use earnings reports to your advantage.
As I discussed in previous ideas, the big money at any given time will be entering the market or getting out of the market. Never both.
When the earnings report is good, and the stock falls down => big money used it as a good advertisement to get out.
When the earnings report is bad, and the stock goes up => big money...
Q3 Earning season is approaching fast
Background: The earnings covered call volatility play
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one of the easy earning plays if you hold a portfolio of stocks (or if you're a fan of the wheeling strategy) is to sell Covered Call (CC) right before the earnings announcement - when the volatility is...
If anybody tells you that "playing" earnings reports is the equivalent to pure-chance gambling is one or more of the following:
1) A person that has recently speculated in the wrong direction and lost all of his options equity in one afternoon
2) A very inexperienced trader or investor that plays "long ball" and thus does not waste time worrying about short-term...
PLEASE NOTE: this is just my opinion. I know a lot of people who LOVE trading earnings and can and do have some pretty good results. If you trade earnings, that's awesome, I just always say no matter what or how you trade, just have a plan and stick to it! But for me, earnings just doesn't fall into my game plan. I used to trade earnings with some up and...
