with the strangle for earnings plays. im trying to get my head around what you guys wouldn't wait to sell off after the ER is released the next day. for example if a pm earnings then opening market spikes 20pct wouldnt a strangle or straddle hedge be more profitable or not? can you please...
what is the best options strategy for playing biopharm and earnings. we thought of an iron condor but are there other hedging or other options strategies that would fit that. also typically isnt an iron condor going to give minimal profit on a biopharm or ER play even if a big 15 pct move occurs...