Trade Earnings With Numbers, Not Hope
Stryke shows the implied move for every upcoming earnings report and ranks the best options strategies to trade it, from iron condors to straddles, by expected value.
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Two ways to trade an earnings event
- Sell premium when the implied move looks rich versus historical reactions, iron condors or short strangles outside the expected move
- Buy premium when the implied move looks cheap or a directional catalyst exists, long calls, long puts, or straddles
- Use vertical spreads when you have a directional view but want to cap risk and reduce IV crush
- Compare every structure side by side on expected value, max profit, max loss, and probability of profit
What Stryke shows for each report
- Implied earnings move in percent and dollars
- IV Rank heading into the report
- Historical earnings reactions and whether the implied move was usually too high or too low
- The top three options structures ranked by expected value, with strikes and credits already calculated
Our proprietary tools
Built for traders who want institutional-grade screening without the institutional price tag. Live data, real Greeks, real volatility, all in one place.
FAQ
Which option strategies work best around earnings?
It depends on your view. Iron condors and short strangles profit when the actual move is smaller than the implied move. Long straddles and strangles profit when the move is larger. Stryke shows both sides so you can pick the structure that matches your thesis.
What is the implied earnings move?
It is the size of move the options market is pricing in for the earnings reaction, derived from the at-the-money straddle and implied volatility. Historically the actual move falls inside it about two-thirds of the time.
How do I avoid getting blown up by an earnings gap?
Size positions so a move equal to the implied move does not exceed your loss tolerance. Stryke shows max loss for every structure, including overnight gap scenarios, so you know what you are risking before you click.
Where do I see upcoming earnings?
The Implied Earnings Move page shows every US name reporting in the next two weeks with their implied move, IV Rank, and historical reaction. Click any name to see the best options structures to trade it.
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