Q2 2024 Earnings season lasts a few weeks, and there is huge volatility in stocks this time. When considering a new options position in advance of an earnings announcement, the simplest way to trade it is by purchasing calls when expecting the stock price is going to increase above the current price, or to purchase puts if the stock price is expected to decrease below the current price. Another way to speculate on volatility using options is by employing a long strangle options strategy. Much like a straddle, a long strangle involves a bullish option trade and a bearish option trade, played simultaneously. Remember to do due diligence before each trade. And pray for good luck. To the moon! 🚀🚀🚀 Thanks @TigerEvents @icycrystal 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.
