The Earnings Bailout Trade

While we don’t like taking undefined-risk strategies through an upcoming earnings call, we don’t mind carrying a defined-risk strategy through an earnings call. This is especially true if the <a href="https://ontt.tv/X1HiN">risk-return tradeoff</a> from a potentially large move in either direction really favors holding the trade. ROKU has earnings tomorrow, and with our <a href="https://ontt.tv/XFw2x">Iron Condor</a> in the stock, we are faced with this exact situation.