In this interview, we covered the following topics:
Why over time my strategy has evolved into mainly non-directional strategies like iron condors and straddles.
Thoughts on position sizing and how many trades to have on at one time.
What I look for when buying options ahead of earnings.
My strategy for taking profits and managing risk associated with the trades.
A quick case study in a recent NKE earnings trade I made.
Why the trading timeline on the earnings strategy is generally short (5-10 days).
One topic that we dive into a little deeper is the strategy of buying straddles pre-earnings to profit from the rise in implied volatility.
Click here to listen to the interview.