Earnings Plays
Options scanner for earnings plays. Find pre-earnings setups, analyze IV crush risk, and identify post-earnings opportunities.
Frequently asked questions
Should I buy or sell options before earnings?
It depends. Selling premium (strangles, iron condors) profits from IV crush but has unlimited risk. Buying premium needs a move larger than expected. Consider your risk tolerance and thesis.
What is IV crush?
IV crush is the rapid decline in implied volatility after an earnings announcement. Even if you're right about direction, IV crush can cause your long options to lose value.
How do I find the expected move?
The expected move is calculated from at-the-money straddle prices. Options Nexa shows this for each symbol along with historical accuracy.