Anyone have a favorite options strategy trade through earnings?

[Bekim]

I usually back test 3 or 4 strategy's for each equity, but I think Im partial to double calendars and atm calendars for the probability and risk reward.

 

[recession2016]

yeah, the strategy is to stay away because anything else is gambling

 

[Deuteronomy_24_7]

partial to double calendars

That is, partial to churning your own account..

 

[tradelosses]

sell FB puts

 

[CyJackX]

Ratio spreads. If it goes opposite, your loss is limited or even a credit. Only downside is neutral action.

 

[Bekim]

yeah, the strategy is to stay away because anything else is gambling

Its all gambling my friend

 

[Telepuzik]

Quadruple bachelor dragonfly hedged by married puts on binary options on annual winter Groundhog event and double hedged by a certified local palm reader (female) - former voodoo pro.

 

[Steven Leeds]

Anyone have a favorite options strategy trade through earnings? .

Credit Spreads using SPY. Deep OTM spreads, Bid/Ask spread <.02, Delta <.10, >1.5 SD, >.25 per spread, risk <500.

Considering that "earnings" happen almost on a daily basis throughout the trading year I have found it profitable/practical to not focus on one symbol but instead focus on the market as a whole. That's my favorite strategy, day in and day out.

 

[Kibitzer]

Long Fly, although my FB put fly 129/124/119 is in jeopardy as AH price crashed through all the strikes.

 

[water7]

you dont need backtesting for any earning play (gambles)
it is hardly relevant

you can do it before earning / through earning

you can use calendar / fly / calendarized fly / double or triple calendar / etc
doesnt matter

i am sure someone can get lucky with this type of trade



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not a good and scalable business model though