Earning season is round the corner. Options selling galore

Earnings galore coming. Here are some estimated earning dates of some of our favorite stocks:

TICKER Earnings/Relevant Options Expiration

#TSLA 23Apr/26Apr

#GOOG 23Apr/26Apr

#MSFT 23Apr/26Apr

#META 24Apr/26Apr

#AMZN 25Apr/26Apr

#AAPL 2May/3May

#NVDA 22May/24May

Options that expire right after earnings using have their very high Implied Volatilty (IV) before earnings. Regardless of bad or good results after earnings, since the results are known, IV suffers from IV crush. The general trend is that even at the same underlying's price, high IV options (puts or calls) will fetch more premium while low IV options (puts or calls) will fetch lower premium. This trend gives options sellers an edge because if the options are sold before earnings can get nice premium and sellers can close it after earnings; earning the IV crush.

NOT Financial Advice: What I would be doing is to sell covered calls of my #TSLA at strike 20% OTM. If I had more cash, I will sell slightly ITM CSP on #AMZN (i am bullish on #AMZN). What's your plan for options selling during earnings? Please share and like and follow. Thanks.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

1

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":293667146915856,"tweetId":"293667146915856","gmtCreate":1712715596581,"gmtModify":1712716093833,"author":{"id":3573346006551607,"idStr":"3573346006551607","authorId":3573346006551607,"authorIdStr":"3573346006551607","name":"phagefish","avatar":"https://static.tigerbbs.com/57ff9cd9a34b99b63bb4dcd9e51e874b","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":8,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":8,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"Earning season is round the corner. Options selling galore","html":"<html><head></head><body>Earnings galore coming. Here are some estimated earning dates of some of our favorite stocks:\n<p><br></p>\n<p>TICKER Earnings/Relevant Options Expiration</p>\n<p><span>#TSLA 23Apr/26Apr</span></p>\n<p><span>#GOOG 23Apr/26Apr</span></p>\n<p>#MSFT 23Apr/26Apr</p>\n<p><span>#META 24Apr/26Apr</span></p>\n<p>#AMZN 25Apr/26Apr</p>\n<p>#AAPL 2May/3May</p>\n<p>#NVDA 22May/24May</p>\n<p><br></p>\n<p>Options that expire&nbsp;right after earnings using have their very high&nbsp;Implied&nbsp;Volatilty (IV) before earnings. Regardless of bad or good results after earnings, since the results are known,&nbsp;IV suffers from IV crush. The general trend is that even at the same underlying's price, high IV options (puts or calls) will fetch more premium while low IV options (puts or calls) will fetch lower premium.&nbsp; This trend gives options sellers an edge because if the options are sold before earnings can get nice premium and sellers can close it after earnings; earning the IV crush.&nbsp;</p>\n<p><br></p>\n<p>NOT Financial Advice: What I would be doing is to&nbsp;<span>sell covered calls of my #TSLA at strike 20% OTM. If I had more cash, I will sell slightly&nbsp;ITM CSP on #AMZN (i am bullish on #AMZN). What's your plan for options selling during earnings? Please share and like and follow. Thanks.&nbsp;</span></p></body></html>","htmlText":"<html><head></head><body>Earnings galore coming. Here are some estimated earning dates of some of our favorite stocks:\n<p><br></p>\n<p>TICKER Earnings/Relevant Options Expiration</p>\n<p><span>#TSLA 23Apr/26Apr</span></p>\n<p><span>#GOOG 23Apr/26Apr</span></p>\n<p>#MSFT 23Apr/26Apr</p>\n<p><span>#META 24Apr/26Apr</span></p>\n<p>#AMZN 25Apr/26Apr</p>\n<p>#AAPL 2May/3May</p>\n<p>#NVDA 22May/24May</p>\n<p><br></p>\n<p>Options that expire&nbsp;right after earnings using have their very high&nbsp;Implied&nbsp;Volatilty (IV) before earnings. Regardless of bad or good results after earnings, since the results are known,&nbsp;IV suffers from IV crush. The general trend is that even at the same underlying's price, high IV options (puts or calls) will fetch more premium while low IV options (puts or calls) will fetch lower premium.&nbsp; This trend gives options sellers an edge because if the options are sold before earnings can get nice premium and sellers can close it after earnings; earning the IV crush.&nbsp;</p>\n<p><br></p>\n<p>NOT Financial Advice: What I would be doing is to&nbsp;<span>sell covered calls of my #TSLA at strike 20% OTM. If I had more cash, I will sell slightly&nbsp;ITM CSP on #AMZN (i am bullish on #AMZN). What's your plan for options selling during earnings? Please share and like and follow. Thanks.&nbsp;</span></p></body></html>","text":"Earnings galore coming. Here are some estimated earning dates of some of our favorite stocks: TICKER Earnings/Relevant Options Expiration #TSLA 23Apr/26Apr #GOOG 23Apr/26Apr #MSFT 23Apr/26Apr #META 24Apr/26Apr #AMZN 25Apr/26Apr #AAPL 2May/3May #NVDA 22May/24May Options that expire right after earnings using have their very high Implied Volatilty (IV) before earnings. Regardless of bad or good results after earnings, since the results are known, IV suffers from IV crush. The general trend is that even at the same underlying's price, high IV options (puts or calls) will fetch more premium while low IV options (puts or calls) will fetch lower premium. This trend gives options sellers an edge because if the options are sold before earnings can get nice premium and sellers can close it after earnings; earning the IV crush. NOT Financial Advice: What I would be doing is to sell covered calls of my #TSLA at strike 20% OTM. If I had more cash, I will sell slightly ITM CSP on #AMZN (i am bullish on #AMZN). What's your plan for options selling during earnings? Please share and like and follow. Thanks.","highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/293667146915856","repostId":0,"isVote":1,"tweetType":1,"viewCount":628,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":927,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/293667146915856"}