Selling Premium Over Earnings

Hey Traders!

I sent out a request asking what kind of videos would be most helpful. One topic that was highly requested was Trade Review videos, in which I explain how and why trades work out, and how to manage them.

Since it is a critical earnings week, I thought I’d send you a Trade Review video on my earnings trade on Las Vegas Sands last week.

For this ticker, I made a neutral bet because the ticker was inconsistent with earnings responses, trading up half of the time and down half of the time. The move that was being priced in was also on the high side, compared to how it normally moves. This allowed me to sell a neutral iron condor, and buy it back the next day for a profit.

Want to learn more about how to set up these trades? Check out the Trade Review video below:

 

P.S. Want to do your own earnings analysis? Check out my Earnings Hot Zone tool below:

Up Next...

NFLX: Taking Profits (A Follow Up)

Hey traders! Last week, I posted a bullish Netflix (NFLX) setup at Five Star Trader. At this point, this trade is making targets, and I’m taking profits. What does that look like? Well, Netflix has hit just below my price target of $730. My put credit spread, and my butterfly has two days remaining. One could … Read more

Read More

A Bullish Trade in Netflix (NFLX)

Relative Strength, Squeezes, and Earnings Netflix has been at the top of my radar for the past few months due to its trend and relative strength. This is primarily for trading only versus investments because I don’t invest in stocks at new all-time highs. With this ticker, I added some put credit spreads and bullish … Read more

Read More

The Post-Fed Break Out Continues…

Relative strength stocks continue to break out after the Fed cut rates. When semiconductors (SMH) break higher, along with Microsoft (MSFT), Amazon (AMZN), Netflix (NFLX), Meta (META), Tesla (TSLA), and Broadcom (AVGO), this relative strength is a bullish sign for continued upside price action. There’s also a difference between where traders and investors should focus. … Read more

Read More

Subscribe Today!

Want my up-to-date analysis, setups, top trading tips, and more? Be a Five Star trader, and join my free newsletter today!

Sign Up Now
all-as-seen-on-logos