Trade the Earnings Announcement with a Defined Plan
This course focuses on the announcement window itself. Learn how implied volatility, the expected move and the post-release volatility crash affect option prices, and how to choose a structure that matches your market assumption.
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Analyze Volatility and Select the Trade
Use IV Rank, IV Percentile, charts and option-chain data to filter stocks, estimate risk and select suitable expiration dates and strikes.
- Understand the volatility crash around earnings.
- Form bullish, bearish or neutral assumptions.
- Choose liquid stocks and appropriate option chains.
- Size positions for the uncertainty of the event.
Apply Earnings-Focused Options Structures
Build credit spreads, neutral vertical combinations, unbalanced iron condors, strangles and butterfly structures while monitoring Delta, Vega and Theta.
- Combine vertical spreads for neutral reports.
- Use unbalanced iron condors to shape directional risk.
- Adjust volatility exposure and understand Vega impact.
- Manage strangles and at-the-money positions.
