How to Select the Best Options to Trade Earnings — and My TOS Earnings Indicator Code

by | Jul 2, 2024

UNUSUAL OPTIONS SECRETS, EARNINGS EDITION — LIVE AT 2:30 PM ET!

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All you have to do is drop a comment on a YouTube video of what you’d like me to cover next.

We’re going to discuss today how I trade earnings and target the best options possible — an idea I got from a YouTube commenter!

I did this using Carnival Cruise (CCL)  as an example… I also explained how to use my free earnings indicator (more on that below) to identify potential price targets, and choose options that offer a good risk-reward balance. 

Finally, I like to consider correlated stocks — some of which may offer cheaper ways to play an earnings event — and I’m always aware of the potential for unexpected events to impact earnings results.

Here are some highlights: 

📈 Use a free earnings indicator to identify potential price targets.

💰 Choose cheap options for lower risk and the potential for higher gains.

🤝 Consider correlated stocks to diversify risk and reduce losses.

⚠️ Be aware of potential unexpected events that could impact earnings.

🎉 Look for opportunities to double your money with a winning trade.

Now, for the earnings indicator, the code below only works in Thinkorswim. 

https://tos.mx/!aFjhzmm5 

Go to top right Setup gear in TOS and click that, then click Open Shared Item, paste the code, click the Open Shared Item check box in the bottom left of the window, then press Preview, and then Import.

Then go to the Charts tab and click the beaker symbol. 

Find earnings_indicator among your Studies, and Add Selected. Press Apply and OK, and you’re done!

Lance Ippolito Trading Team

Lance doesn’t want the CCP spying on him, so you’ll never find him on TikTok. Same goes for other social media sites, which are filled with impersonators, scammers and crypto bros. 

You can only find him on his personal YouTube Channel — smash that Subscribe button! https://www.youtube.com/@LanceIppolito 

And in his private Telegram channel: https://t.me/+-gVwEIwGJhplMTgx 

*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. 

P.S. [LIVE NOW] Unusual Options, Earnings Edition

I’m in the live room at 2:30 p.m. ET today, Jan. 27, revealing my trading plans for this earnings season.

Anytime now, the biggest companies will release their numbers to the public — giving us a very brief window to land multiple 2X overnight moves on tickers like MSFT, META and TSLA.

Join me now to see how I plan to trade these tickers — and how you too can do the same.

No guarantees on profits or losses of course…

But if you’d like to make the most of this earnings season…

I’ll See You in the Live Room

WRITTEN BY<br>Lance Ippolito

WRITTEN BY
Lance Ippolito

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