How not to trade options
The Warlock – Kenny Glick – here.
Never buy options before earnings.
Let me say that again. Slowly.
NEVER. BUY. OPTIONS. BEFORE. EARNINGS.
I tell my Warlock’s Worldmembers this all the time.
Maybe it’s because I’m known as the “earnings guy”, or the man who has unlocked the single greatest trade in the history of mankind…
But I am often asked things like:
Kenny, what do you think of stock XYZ ahead of earnings?
Simple. I don’t.
Let me be clear. It doesn’t matter which stock it is. From AAPL to ZS. I never consider what a stock might do before earnings or going into the report.
All I care about is what it does after it reports earnings!
And that’s EXACTLY what I teach in Warlock’s World!
I’m so serious about this that I made my own video where I break down more of the WHY.
Click here, or the image below to watch the video.
I don’t like overpaying for gas, much less option trades.
I don’t like exposing myself to any greater risk than I need to. Especially in this market.
And I don’t like seeing traders lose money.
So, with that being said…
NEVER BUY OPTIONS BEFORE EARNINGS.
Learn to trade VWAP with me and my Warlock’s World community and you’ll never even THINK about swing trading options ever again – you won’t need to!
That’s all for now, VWAPians!
Kenny “The Warlock” Glick
June 30 2022
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