Trading Earnings – What is a earnings report?

Public companies are required to report their earnings once per a quarter. These reports can have a impact on the stock prices which in turn impact option prices.

Implied Volatility usually rises around earning reports – if you’re option expiration date falls after a earnings report you’ll more volatility during that option cycle. Some people like to make ‘earnings plays’ where they buy or sell short dated options around a earnings report. This strategy is usually very close to a 50/50 bet and the effect is very binary.

My current strategy involves higher probability strategies and longer duration positions.

How to find earning dates:
It’s important to know the date of a company earnings – this way you make sure you get the position you intended with the optimal duration.

use this URL from Nasdaq and see the next earnings date
http://www.nasdaq.com/earnings/report/wmt

You can use this link : Check Earnings Date┬áthen you can change the URL after the ‘/’ to whatever stock symbol you want..