$Trump Media & Technology(DJT)$ After Reagan's assassination attempt, in the final election results, his opponent only won one state while the rest were red (Republican).
In the past 12 earnings reports, the maximum fluctuation range has been 12%.The IV (Implied Volatility) of $Tesla Motors(TSLA)$ ATM (At-The-Money) options is 112%, and the expected move on the earnings day is approximately 29.71, which translates to a range of $221.80 to $281.22.The best strategy for earnings season is to sell a strangle to short volatility.The safe range for this strategy is to sell a put at prices below $220 and sell a call at prices above $280. Positions can be closed after the earnings report because IV tends to drop significantly after the report.Currently, the Open Interest (OI) for Tesla at the 265 strike has over 40,000 contracts.过去12个财报日最大波动12%。Tesla ATM 期权的IV是112%,财报日当天tesla Expected Move≈29.71。也就是$221.80 to $281.22
Although selling options may seem more attractive to option sellers when IV is high because of the higher option premium, this also comes with higher risk. If actual volatility exceeds market expectations, sellers may face significant losses.