Side-Stepping Stock Direction Risk in Option Trading Before Earnings in Hibbett Sports Inc – CML News

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Disclaimer
The results here are provided for general informational purposes, as a convenience to the readers. The materials are not a substitute for obtaining professional advice from a qualified person, firm or corporation.

Preface
For the investor that feel as though the market’s direction is becoming tenuous, we can explore an option trading opportunity in Hibbett Sports Inc (NASDAQ:HIBB) that does not rely on stock direction at all. It turns out, over the long-run, for stocks with certain tendencies like Hibbett Sports Inc, there is a clever way to trade market anxiety or market optimism before earnings announcements with options.

This approach has returned 336.8% with a total holding period of just 156 days, or an annualized rate of 788.0%. Now that’s worth looking into.