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:
