Earnings are Underway 

We all know earnings season is upon and companies are reporting their Q2 earnings and revenue numbers.

We have options strategies based around earnings .

Money Calendar is a scan to find historically proven trading patterns, which we then search up options opportunities on, but with these we DON’T mess around with earnings.

This Pattern Scan and Subsequent Options Strategies does not Mess with Earnings

If a Money Calendar pattern has an end date past an earnings announcement, to us that means we need to be out of the option trade prior to the earnings announcement. Too much price volatility with earnings that could adversely affect the option trade while waiting for the price move to play out post the earnings and prior to the end date.

We try and set up options on Money Calendar candidates with an end date prior to their upcoming earnings report so we are going to be out prior to an earnings announcement on it/

Here is one such case: Best Buy Co,. Inc. (NYSE: BBY)

Earnings are due to be reported on August 30, 2022, per www.earnings whispers.com

The end date for the Money Calendar pattern is August 25, 2022.

Win lose or draw the time stop for any option trade is close of market that August 25.

It is a 20-day pattern. It has a 90% accuracy. The avg. profit over this period of days the past 10-years is $3.74 pr 3.74 points.

There may be a bit of help with the options price increase due to any IV rush that may happen going into its earnings date, but that isn’t something we factor in and use as part of our Money Calendar process, but it helps we won’t complain.

App: Toms Option Tools

Market Insight articles may show images of lists of stocks meeting a variety of options parameters like Unusual Call and or Put activity or Expensive IV found on my app Toms Option Tools.

Other times I will have other charts may work to amplify my educational points. 

Those options data lists, however, can be found on my app Tom’s Option Tools. Use your device to search up and download this app and get free access to the Morning Reports section of the app.

Other parts of the app are available at a premium subscription rate, but the Morning Reports Lists are yours free.

Disclaimers

Stock and options trading has large potential rewards, but also large potential risk.

You must be aware of the risks and be willing to accept them in order to invest in the stock and options market. Do not trade with money you cannot afford to lose.

This is neither an offer to buy/sell/ or recommend a particular stock or option.

Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been actually executed, the results may have under or overcompensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with hindsight.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

Disclaimer of Warranties and Liabilities Tom Gentile and TomsTradingRoom, LLC including employees, consultants, and editors (“Publisher”) cannot and do not warrant the completeness or accuracy of the content found in our areas, or its usefulness for any particular purpose.

Tom Gentile and TomsTradingRoom, LLC also make no promises that our content or the service itself will be delivered to you uninterrupted, timely, secure, or error-free. Under no circumstances will Tom Gentile and TomsTradingRoom, LLC be liable for direct, indirect, incidental, or any other type of damages resulting from your use or downloading of any content on our site.

This includes, but is in no way limited to, loss or injury caused in whole or in part by our negligence or by anything beyond our control in creating or delivering any portion of Tom Gentile and TomsTradingRoom, LLC.

You are agreeing that you bear responsibility for your own investment research and investment decisions. You also agree that Tom Gentile and TomsTradingRoom, LLC will not be liable for any I, investment decision made, or action taken by you, or others based upon reliance on news, information, or any other material published by Tom Gentile and TomsTradingRoom, LLC.

Tom Gentile and TomsTradingRoom, LLC relies on various sources of information that we believe to be accurate and reliable. However, we make no claims or representations as to the accuracy, completeness, or truth of any material contained on our site.

Tom Gentile and TomsTradingRoom, LLC are educational portals, providing content for educational and informational purposes only. Neither Tom Gentile nor TomsTradingRoom, LLC are a broker/dealer. Investors need a broker to trade stocks and options and must meet certain requirements. All securities, futures, and investments data and ideas are offered to self-directed investors. All prices in USD unless noted otherwise.

A full disclaimer can be found here:  http://www.tomgentile.com/legal_disclaimers.html.