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.