Do Not Neglect this Strategy!

[Power Profit Trades] Wednesday, August 17, 2022 [The Biggest Trade of the Month?]( Options rarely follow rules. But there's one thing you can rely on like clockwork... Every month - at exactly the same time - we see a sudden spike in this chart. Whenever you see this number spike, you could see extraordinary gains in the options market. [But you need to get into this trade by Friday at 12:00 p.m. ← Click here]( Do Not Neglect this Strategy! By Tom Gentile Daily Watchlist Today's Schedule 8:30 a.m. ET - Catch the [Money Morning LIVE show]( before the bell 12:00 p.m. ET - [Cryptocurrency]( with Tom Gentile 1 p.m. ET - Premium subscribers only (private room) Don't miss any Tom Gentile cameos! [Follow the Money Morning LIVE streaming schedule here.]( Earnings are approaching on a stock you've been watching and you would like to make some money on it, but the big question is - Which direction will it move? Afterall, earnings is one of the most uncertain times for a stock's price, but it is also a time when we see some of the greatest price movements. One thing for certain, it will go up or down, so you've got a 50/50 shot at picking right. Which side of the coin will you play? There's another way! Call options can profit when the stock's price rises, and put options can profit when the stock's price falls. There is a way to profit from corporate earnings whether the stock rises or falls - picking the right direction is not necessary! The strategy is called an [Option Straddle](. Since stocks can require a lot of capital to trade shares, short-term traders utilize options to profit from rising and falling stock prices at a fraction of the cost. When your confidence level is high that prices will rise in the future, a call option can be employed. On the other hand, if your confidence is stronger that the stock's price will fall lower, a put option would be employed. Now you can combine the best of both worlds - buy both the call and put together. I know what you're asking; "Well, that's a double investment - twice the cost." You're right, although significantly less than buying or shorting shares of stock to profit from earnings, when you buy a call and put together, the combined option trade becomes more expensive. Not to sweat! I have an answer for you. Brutus is my proprietary software that I use for earnings trading. The difficulty of finding the right stock, and the right options, under the best potential circumstances is high. It can take hours to do on your own. Brutus can find trading opportunities during earnings in seconds! Not only can Brutus find the best potential earnings trading scenario for you, but the very specific option, point of entry and exit are also defined. We're smack in the middle of Q2 earnings season right now. [Animated GIF]( Applying the correct trading strategy to the circumstances can be extremely rewarding. Single, Double and even Triple-digit returns are achievable when applying the correct strategy during earnings reporting. There are plenty more trading opportunities coming at us this quarter, and here are just three Straddle trades we closed out this month: CPNG - Aug 12, $18 Straddle - closed for 23.04% Return U - Aug 12, $36 Straddle - closed for 102.88% Return DIS - Aug 12, $98 Straddle - closed for 179.09% Return There are more trades to come this earnings quarter, so find out how you can get involved. Get the scoop on when to enter a trade! Find out how option premium inflation can work to your advantage! Get an exact date on when to exit a trade! All of these things above are provided, thanks to the help of my software, Brutus! Earnings season is responsible for some of the greatest stock price movements of the entire year - which in turn makes option trading very rewarding. It's time you get involved - [Click Now!]( [Click right here to find out how you can benefit from my software!]( Join me in Live discussions each Monday, Tuesday and Wednesday at 12:00 p.m. ET. Just click the button below and save it to your favorites. I've also made it possible for you to learn more even if you didn't make the live presentations. Just click the button below to watch my replay - save it to your favorites! See you soon, Tom Gentile America's #1 Pattern Trader [Tom's Toolbox]( Today's Watchlist is based on the Morning Report's Expensive IV tool. This data is updated after the closing bell each session, and compares current implied volatility (IV) against a set of near-the-money options over the last year. Expensive IV means the current IV is at the high end of this 52-week range, meaning option premiums are running hotter than normal - a ripe atmosphere for selling to open options. 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