A post-earnings trading strategy

While the occasional trade can set up for those that want to bet on a specific post earnings outcome in a stock, the vastly higher probability trades tend to set up once a stock has done its initial reaction to an earnings report. Here is one of my favorite strategies to play earnings.

Comments

1. Reasonable arguing, but what is really the point? Wait for earning results and a couple of hours or days until the results have been settled down?