On Thursday, I recommended a post-earnings play on Wells Fargo & Co. (NYSE:WFC) after the stock’s implied volatility got crushed post-earnings:
Because IV was low, that meant its options were cheap. And the stock was way overbought after earnings, so I thought it was going lower.
So, during the Profit Revolution live trading session, I looked for a put – and I found one for just 95 cents.
Well, by the next morning, that 95-cent put was trading for $1.74. That’s an 80%-plus win in less than a day…
With even more room to run.
You can watch me find this winning WFC trade in the video below – it’s an exclusive clip directly from the Profit Revolution live room…
I’m looking for pre- and post-earnings plays just like this one all earnings season long.
And we’ve got over 700 companies reporting in January – meaning the profit opportunities don’t stop.
You can check out my earnings trading strategy (you know, the one I used to find this WFC winner) right here.
And maybe you’ll even join me for my NEXT Profit Revolution trading session, Monday at 2PM.
I hope to see you there,
Founder, Profit Takeover
January 22 2022