A New Idea For Trading Options Around Binary Events!

Tom Sosnoff and Tony Battista discuss a new strategy that can be used when trading options around earnings announcement. Calling this play a "Sunnyside Up," the guys cover 3 years of data to find out when the strategy works. ======== tastytrade.com ======== Finally a financial network for traders, built by traders. Hosted by Tom Sosnoff and Tony Battista tastytrade is a real financial network with 8 hours of live programming five days a week during market hours. Tune in and learn how to trade options successfully and make the most of your investments! http://goo.gl/EaF69C Subscribe to our YouTube channel: http://goo.gl/Szl24S Watch tastytrade LIVE daily Monday-Friday 7am-3pmCT: http://goo.gl/EaF69C Download our mobile app, Bob the Trader: http://goo.gl/zgIyco Follow tastytrade on Twitter: https://twitter.com/tastytrade Become a fan of tastytrade on Facebook: https://www.facebook.com/tastytrade Follow tastytrade on LinkedIn: http://www.linkedin.com/company/tastytrade Follow tastytrade on Instagram: http://instagram.com/tastytrade Follow tastytrade on Pinterest: http://www.pinterest.com/tastytrade/

Comments

1. Thanks guys for all the effort
2. Instead of buying a credit spread and then selling a call, would your profit be greater if you just sold the call and omitted the credit spread? It doesn't make sense to buy a credit spread when IV is high. If instead, you sold that same spread, and combined it with an extra short call, instead of the P &L losing $7K, it would win $7K.