Two Ways to Play Direction for Earnings

Every quarter, earnings provide us with an opportunity to implement our strategies in high volatility stocks. Sometimes in these situations, you have a strong directional bias one way or the other in the underlying. Two ways that you could structure your directional earnings trade would be with an <a href="https://ontt.tv/ZNjLY">ATM Vertical Spread</a> or with an <a href="https://ontt.tv/2odLHOr">Expected Move Butterfly</a>. Coming off of our <a href="https://ontt.tv/hslX8">big winner from GOOG earnings</a>, we look to play both AAPL and AMZN earnings directionally ourselves.