We continued our discussion from April 7th about trading earnings reports. This week we talked about ways that option traders can give up some of the potential upside from a trade in return for a higher probability of a win and a much smaller cost of entry. Specifically we talked about using option butterflies to take advantage of a move in a stock following earnings or other future events.

Topics for coming weeks will include iron condors, butterflies and back-spreads.

We discussed several stocks during today’s session – including:

• iShares Silver Trust (SLV)
• Apple (AAPL)
• EUR/USD Currency Pair
• Gold ETFs (GLD, GDX)

[WEBINAR RECORDING] Trading Strategies for This Earnings Season

Image courtesy Ballistick Coffee Boy.