Trading Earnings Induced Short Squeezes Using Butterflies

Trade Review

I love using butterflies for low-cost earnings trades!

This low-risk trade cost me $155, and I traded this ticker directly to my target overnight, making a triple on my debit.

This earnings trade in CHWY had the following:

Pre-earnings short squeeze candidate

A ticker with an earnings turn around story

Extremely low risk

Options trade using a butterfly! Check out the video to learn more about my pre-earnings butterfly in Chewy.

To check out the full series on YouTube, click here!

Up Next...

I’m Back!

Hey there, amazing subscribers! Well, it’s been a whirlwind for a few months, and I’m so excited to finally pop back into your inbox. I’ve officially returned from maternity leave, and let me tell you – juggling diapers and sleep schedules has been the ultimate crash course in time management! My little one is doing … Read more

A Temporary Goodbye

I hope this message finds you well! I wanted to take a moment to share some personal news with you. As many of you know, I’m expecting, and it’s almost time for me to welcome a new addition to my family! As a result, I’ll be stepping away from my weekly market updates to go … Read more

Bitcoin to $80,000?

Hey traders! I’m spying a daily and weekly squeeze in Bitcoin, and it’s a stone’s throw away from breaking critical resistance at $70,000. If it can break through $70,000, we should go upward to $80,000. Coinbase (COIN) is also breaking out! Learn more in the video below: