Trade Earnings Using Options
This maybe a good suggestion or bad one. But good one in my opinion.
I have been using Vector Vest for about 6 months now, and I what I
have been noticing about 80% of the time. The top VST stocks that are
getting ready to report earnings in a week or two weeks usually miss
estimate or lower guidance. So, I make watchlist of the top VST
stocks and buy 'put' options right before earnings and have been
correct most of the time. Today was my best one ever. The stock FNSR
has been on the top VST list for two weeks now. It reported earnings
about an hour ago and dropped 16%. I just made 2000%
Edward Popham commented
Agree but generally this can be a 50/50 win/lose strategy. There are opportunities here because of the abrupt change of volatility.