Six Megacaps to Trade Post-Earnings

Dear Profit Takeover reader,

Huge names are posting earnings this week…

1. Today – Alphabet Inc Class A (NASDAQ:GOOGL) earnings are scheduled April 26, 2022
2. Wednesday – Meta Platforms Inc (NASDAQ:FB) earnings are scheduled April 27, 2022
3. Thursday – Apple Inc (NASDAQ:AAPL) earnings are scheduled April 28, 2022
4. Thursday – Altria Group Inc (NYSE:MO) earnings are scheduled April 28, 2022
5. Friday – Exxon Mobil Corp (NYSE:XOM) earnings are scheduled April 29, 2022
6. Friday – Chevron Corporation (NYSE:CVX) earnings are scheduled April 29, 2022

I will be choosing options for these stocks – and more on my cheap strikes watchlist – up to earnings…

Then play the aftermath post-report…

Coca-Cola Co (NYSE:KO) released earnings yesterday – EPS were up 10.44% and revenue was up 6.82% during Q1…

That sounds well and good, but the market was unimpressed and the stock dropped yesterday –

KO is currently at $65.84 –

Image from wallstreet.io

We could see a fade after the pop yesterday post-earnings…

If we see confirmation of a downward move, we may see a trip back down to $63.

Then, I will be looking for some cheap puts in KO post-earnings…

You know my earnings motto:

Trade to it, not through it…

Which brings me to a great question that came from our live Profit Takeover show today –

Hawley1 asked:

And the answer is:

“Almost certainly, no.”

One reason is, volatility usually SPIKES into earnings then DROPS post earnings… and that affects the price of options…

The potentials for asymmetric profit are highest BEFORE and AFTER earnings…

Not only does volatility affect the price of options, it affects the potentials for stock price moves themselves –

And as wise traders, we don’t want to guess where a stock is going to move, we want to follow the trends –

I have led the Profit Revolutionaries to some huge trading wins in our energy trades and my mission is to show them how to:

Trade like the pros with a retail portfolio…

And today at 1:00 p.m. (ET), the Profit Revolution Lifetime members will get to hear from the man who essentially taught ME how to trade.

Andrew Giovinazzi – my friend and Chief Options Strategist at Option Pit LLC…

Built the trading program that taught me how to trade…

He’s a master of portfolio management –

Today, we are going to cover how to trade strangles

AND how to put on successful trades when VIX is moving wildly –

Like it is now…

My VIX light is still yellow heading into earnings –

This means we could see wild moves up or down in volatility – and in the market.

If you want to join Andrew and me and the Profit Revolution Lifetime crew today…

Or the Profit Revolution show every Monday through Thursday at 2:15 p.m. (ET) and

Friday at 12:00 noon (ET).

SIGN UP RIGHT HERE.

Or click here to find out more info

UPDATE: I will be traveling this Thursday and Friday – so I won’t be hosting any live shows on those days.

We will be back to our normal schedule the following week.

See you tomorrow,

Mark Sebastian
Founder, Profit Takeover

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NEXT WEEK’S SCHEDULE (ET)

Wednesday 4/27: 10:30 am – 11:30 am Profit Takeover

Thursday 4/28: NO Profit Takeover show

Friday 4/29: NO Profit Takeover show

TODAY’S WATCHLIST

1. Alphabet Inc Class A (NASDAQ:GOOGL)

GOOGL posts earnings today…

The stock is currently at $2386.61 –

Image from wallstreet.io

And the IV – implied volatility is WILD – so options are going to be more expensive…

I may sit tight and make a play post-earnings.

2. United Parcel Service, Inc. (NYSE:UPS)

UPS just posted earnings – EPS were up 5.77% and revenue was up 2.43% for Q1…

It’s currently dropping now post-earnings at $183.01…

Image from wallstreet.io

I am curious how far it can free fall.

I may look to go short here since IV is low and we might be able to find some cheap puts.

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