It's another earnings season, and it's full of imagination $Tesla (TSLA.US)$ 。
I once wanted to get rich overnight during the earnings season. After being beaten up a few times, I knew that it was true that it was plain and dull.
Today, I'd like to share with you some investment experiences that have been summed up after 5 earnings seasons, as well as some possible options strategies from different trading perspectives.
The article is a bit long. The whole story is dry. You can skip it in conjunction with the table of contents. I hope it will be helpful to you。
（Note: The following content is a discipline of personal thought, so please watch rationally. (mooer are welcome to exchange views in the comments section.)
Catalogue:
1. Summarizing the experience, what is the most important thing to play with options during the earnings season
2. Calculation: Is it worth opening options for Tesla buyers during the performance period?
3. Strategy: 2 seller strategies, one more profit probability
1. Experience summary: What is the most important thing to play with options during the earnings season?
Is it an exercise price? Is it an expiration date? Is it IV? No, not all of them!What really matters is how much you know about stocks. During the earnings season, changes in stock prices are the only possibility for option buyers to make a profit.
Let's start with the nature of option prices.
The price of options is mainly due toStock price, exercise price, maturity period, implied volatilityThese four elements make up.
Implied volatility (also known as IV) will rise sharply before the financial report is announced, and will fall rapidly after the financial report is announced. In extreme cases, IV may change 50%-80% in one day.
The sharp rise and fall of IV was decided by the market. Financial reports...