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Monday, October 24, 2016

Best Way To Buy Calls Ahead Of Earnings - Follow My Advice


One Option Trading Blog http://ift.tt/2exWFt9 Posted 9:40 AM ET - The market is poised to rally this morning and it should get back above the 100-day moving average. European flash PMI's were better-than-expected and M&A is hot. More importantly, mega cap tech stocks are on deck and that will keep buyers engaged. Apple announces earnings after the close Tuesday. Google and Amazon will post earnings after the close Thursday. Do you want to buy calls on these stocks? This is probably the most widely followed trade by novice option traders. Option implied volatilities are juiced and this strategy can lose money even if the stock goes …

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