After the earnings beat from $GOOG, many investors were looking to $AAPL to experience similar results. This led to a rise in options premium as we came into earnings, which presented traders with a variety of trading opportunities in the options board.
This Episode of IWO Into the Close takes the majority of the time and walks you through what I look for in an earnings trade. I show you exactly what trade I put on, the rationale behind it, and what the market was expecting in terms of a move.
We discuss a few stocks afterwards like $VMW, $HNSN, and $PSUN.
You can watch the video below.