22 More Earnings Season Option Strategies

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In my blog post Monday I listed a few stocks which I would be willing to go long by selling the puts right before the stock reported earnings. If you missed it you can view the details here. As indicated I took positions on Apple (AAPL), Caterpillar (CAT), Texas Instruments (TXN), SanDisk (SNDK), Walter Energy (WLT), and Yahoo! (YHOO). The first three have been closed for quick profits (excluding the Apple calls), and I will look to close my positions on the latter three Wednesday Morning. In this post, I will lay out some trades for Thursday, Friday, and Monday (October: 22, 23, and 26).

To reiterate my previous blog post:

In this post, I will outline an option strategy that I use particularly during earnings season. This will put money in my pocket up front, give me a chance to purchase the stock for less than it's trading for now, and also give me gains if the stock moves even higher. I must note that this strategy could lose money if the stock moves much lower after results and you get the stock PUT to you at expiration (or in the rare case of an early exercise). This post requires the knowledge of stock options. To learn more about the option strategies outlined in this post, risks, pricing, calculations, other strategies, and options in general, click http://optionmaestro.blogspot.com/2009/07/over-500-option-e-books-sold-a...

Vested Interest: 
I/(Author) own shares in the following stocks listed in this article (AAPL, AXP, SNDK, WLT, YHOO)

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