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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 (95/105/125/135) one day before the earning release.
• Close Iron Condor position after the earning release and volatility crush.

Trade Summary

• Gross Profit = $86
• Net Profit = $76 ($10 commission)
• ROI (Net) = 12.5%
• Duration = 2 days

FOSL Chart

FOSL IV Chart

See previous analysis on FOSL here.