Pre Earnings: 3-day, 7-day, and 14-day Call

This is a discussion of the "Pre Earnings: 3-day, 7-day, and 14-day Call" strategies.

Overview

• Long call
• 1 leg

Pre Earnings: 3-day, 7-day, and 14-day Call Strategies Settings

Pre Earnings: 3-day, 7-day, and 14-day Call Open Conditions:

• Stock above 50-day SMA
• According to Custom Earnings section.
  • 3-days before earnings
  • 7-days before earnings
  • 14-days before earnings

Details on Options TradeMachine is Selecting for Pre Earnings: 3-day, 7-day, and 14-day Call Strategies:

3-days and 7-days:

• 1x long 40 delta call near 7 days to expiration

14-days:

• 1x long 40 delta call near 30 days to expiration

Earnings Handling for Pre Earnings: 3-day, 7-day, and 14-day Call Strategies:

• Custom earnings. Below is each custom earnings setting:

3-day:

• Open position 3 days before earnings.
• Close position 1 day before earnings.

7-day:

• Open position 7 days before earnings.
• Close position 1 day before earnings.

14-day:

• Open position 14 days before earnings.
• Close position 1 day before earnings.

Pre Earnings: 3-day, 7-day, and 14-day Call Close Conditions:

• Close 1-day before earnings
• Gains above 40%
• Losses above 40%
• Options reach expiration (Close all legs with front month options)

Open next trade for Pre Earnings: 3-day, 7-day, and 14-day Call:

• At Normal Time

[Video Transcript](https://learn.trademachine.com/docs/pre-earnings-3-day-7-day-and-14-day-call-transcript) Video Transcript