In this week's episode, sprocket888 reports out solo. The upcoming week will be the busiest earnings week of Q2, and earnings trades are something sprocket88 enjoys, so he looks at three exciting announcements from a premium selling perspective. To start, sprocket888 recaps his filtering technique which will help to highlight the best opportunities. Once through the screening refresher, we call out the three picks for the week: $META, $CMG, and $ROKU. In looking at these three picks, sprocket888 steps through his process. First, the volatility elevation. Second, the chart screening. Third, the option chain screening. Once all that is passed, he discusses how to pick the strikes and adjust the size to meet your portfolio position sizing capacity.

• 00:00 Disclaimer
• 00:17 Intro
• 01:35 Earnings trades: Where do they all start?
• 01:55 The initial filter criteria
• 02:11 Parameter 1: Underlying Price
• 03:10 Parameter 2: Spot volatility on the underlying
• 03:52 Parameter 3: IV_Percentile
• 04:59 Parameter 4: How far out to look for earnings
• 05:46 Parameter 6: Daily average volume
• 06:38 Parameter 7: Exclude earnings in some date range
• 07:21 Sorting through the list returned by the filter
• 07:35 Review the list from highest IV_Percentile to lowest
• 08:33 Review the chart of the first interesting hit
• 09:46 Take a look at the option chain if the chart test passes
• 10:52 Back to the list if one of the tests fails
• 11:13 Earnings Pick 1: $META
• 11:49 $META Chart test
• 13:50 $META Option chain test
• 15:29 Add protection legs if the BP is too big
• 20:07 Earnings pick 2: $CMG
• 20:28 $CMG Chart test
• 21:46 $CMG Option chain test
• 25:37 Earnings pick 3: $ROKU
• 25:46 $ROKU Chart Test
• 27:37 $ROKU Option chain test
• 30:25 Conclusion: 3 earnings picks for fun this week $META, $CMG, and $ROKU
• 32:33 Outro

Join Blockhead Traders in our Discord: https://discord.gg/89Zywff/

Follow sprocket888's trades: https://www.thetagang.com/sprocket888/