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Original post by Marubozu from My Stocks Investing Journey.

Option Trading Strategy:

• High IV before the earning.
• Sell Vega by opening Iron Condor (45/50/60/65) one day before the earning release.
• Close Iron Condor position after the earning release and volatility crush.

Trade Summary

• Gross Profit = $81
• Net Profit = $61 ($20 commission)
• ROI (Net) = 7.9%
• Duration = 6 days

WFM Chart

WFM IV Chart

WFM Fundamental