Has anyone thought about researching the inverse of these bullish trades? Like many of you, I'm always trying to think of how to hedge against a significant market move that hurts my (mostly bullish) trades. Seems like it may be helpful to see if we have some names that are bearish 80-100% of the time heading into earnings (or post-earnings for that matter, as criteria could be flexible).
The idea would be we could win on both are bullish and bearish trades in the best case scenario, but that we would hopefully be hedged if the market turns significantly (following the "paired trade" concept).
I don't follow this thread as closely, so I apologize if this idea has already been floated. Just thought I'd ask.